Belgium: Selected Issues—Regional Labor Markets in Belgium

March 13, 2002

Preview Citation

Format: Chicago

Belgium: Selected Issues—Regional Labor Markets in Belgium, (USA: International Monetary Fund, 2002) accessed September 18, 2024

Summary

This Selected Issues paper analyzes the regional labor markets for Belgium. The paper examines labor market performance, and argues that a number of factors—poor worker-job matching, a compressed wage structure, and low geographical mobility—contribute to economic disparities. The paper describes the divergences in local labor markets, and offers potential explanations for them, including an analysis of variations in the relationship between regional unemployment rates and regional vacancy rates. The paper also describes how labor markets adjust in Belgium and in its two main regions.

Subject: Employment, Labor, Labor force, Labor force participation, Labor markets, Unemployment rate

Keywords: CR, Demand shock, Employment, Employment growth, Europe, ISCR, Job-skill mismatch, Labor force, Labor force, Labor force participation, Labor markets, Mismatch problem, Unemployment rate, Wage, Wage compression, Wage reduction

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/043
Stock No:

1BELEA0022002
ISBN:

9781451803174
ISSN:

1934-7685

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