Nordic Lessons for an Inclusive Recovery? Responses to the Impact of COVID-19 on the Labour Market
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This report examines the impact of the COVID-19 pandemic on Nordic labour markets and the associated policy responses undertaken in the areas of unemployment benefits, job retention schemes, active labour market policies and skill development policies. The report discusses the details of these policy measures across Nordic countries and draws out the main lessons learned from their response to the crisis. Finally, the report provides a set of key recommendations in each policy area to enable Nordic countries to build more inclusive and resilient labour markets in the post-pandemic period.
Assessment and recommendations
Faced with the backdrop of sudden changes in the labour market due to the onset of the COVID‑19 pandemic, Nordic countries were quick to respond through policy interventions across the areas of unemployment benefits, job retention schemes, active labour market policies and skill policies. This chapter provides an overview of the impact of the pandemic on Nordic labour markets and an assessment of the associated policy responses undertaken. Drawing on the key lessons that can be derived from the Nordic crisis response, the chapter also provides a set of key recommendations in each policy area to enable Nordic countries to build more inclusive and resilient labour markets in the post-pandemic period.
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