Publications

This paper presents the families of unemployment indexes sensitive to unemployment duration developed by Sengupta (2009) and Shorrocks (2009a, 2009b). They pick-up in a single index the 3 dimensions of unemployment: incidence, intensity and inequality. An application with the Spanish Labor Force Survey for the period 2001-2017 is offered, and some interesting results arise. In particular, when unemployment duration is taken into account, a less optimistic view of the recent recovery appears, since one of the consequences of the Great Recession has been the huge increase in the very long-term unemployed. Moreover, vulnerable groups in the society should also be measured taking into account not only the incidence of unemployment, but also intensity and inequality, and when we do so other highly vulnerable groups emerge.