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Table 3 The use of short-time work during the global financial crisis

From: The role of short-time work schemes during the global financial crisis and early recovery: a cross-country analysis

 

Short-time work take-up rate

Change in the take-up rate

Ratio of the change in the monthly takeup rate to the change in GDP

 

Percentage of dependent employment

Percentage of dependent employment

Percentage points

 

2007 Q4a

Peak in STW takeup

2010 Q4

2007 Q4 to peak in STW takeup

Peak in STW takeup to 2010 Q4

2007 Q4 to peak in STW takeup

Peak in STW takeup k 2010 Q4

Austria

0.00

1.16

015

1.16

-1.01

-0.35

-0.24

Belgium

3.03

7.45

3.79

4.43

-3.66

-1.38

-0.91

Canada

0.01

0.42

0.12

0.41

-0.30

-0.13

-0.07

Czech Republic

0.00

1.96

0.25

1.96

-1.71

-0.46

-0.39

Denmark

0.00

0.48

..

0.48

..

-0.06

..

Finland

0.35

1.87

0.99

1.52

-0.88

-0.18

-0.16

France

0.20

1.11

0.77

0.91

-0.34

-0.26

-0.15

Germany

0.06

4.15

0.55

4.09

-3.60

-0.74

-0.67

Hungary

0.00

0.86

0.05

0.86

-0.81

-0.12

-0.30

Ireland

0.00

1.17

0.84

1.17

-0.34

-0.10

0.22

Italy

0.41

2.49

1.78

2.07

-0.70

-0.35

-0.45

Japan

0.00

4.59

1.33

4.59

-3.26

-0.64

-0.62

Netherlands

0.00

1.11

0.15

1.11

-0.96

-0.31

-0.40

Norway

0.07

0.79

0.36

0.72

-0.44

-0.29

-0.58

Poland

0.00

0.03

0.00

0.03

-0.03

0.00

-0.01

Portugal

0.01

0.36

0.17

0.35

-0.19

-0.11

-0.20

Slovak Republic

0.00

1.37

0.08

1.37

-1.29

-0.41

-0.38

Spain

0.00

0.79

0.47

0.79

-0.32

-0.18

-0.45

  1. Not available.
  2. a) 2008 Q1 for Spain.
  3. Source: Authors’ calculations based on administrative data provided by the national authorities and OECD Main Economic Indicators Database.