1. Balancing Flexibility and Security in Europe?
- Author
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Mark Smith, Janine Leschke, and Helen Russell
- Subjects
Organizational Behavior and Human Resource Management ,Labour economics ,Youth ,Strategy and Management ,media_common.quotation_subject ,Management of Technology and Innovation ,0502 economics and business ,050602 political science & public administration ,Economics ,Labour market institutions ,Subjective well-being ,media_common ,Flexicurity ,05 social sciences ,050209 industrial relations ,Flexibility (personality) ,Life satisfaction ,General Business, Management and Accounting ,0506 political science ,Europe ,Unemployment ,Key (cryptography) - Abstract
We examine the relationship between ‘flexicurity’ systems, unemployment and well-being outcomes for young people in Europe. A key tenet of the flexicurity approach is that greater flexibility of labour supply supports transitions into employment, trading longer-term employment stability for short-term job instability. However, there is a risk that young people experience greater job insecurity, both objective and subjective, with less stable contracts and more frequent unemployment spells. Our research draws on data from the European Social Survey and uses multi-level models to explore whether and how flexibility-security arrangements moderate the effect of past and present unemployment on the well-being of young people. We distinguish between flexibility-security institutions that foster improved job prospects and those that provide financial security.
- Published
- 2020
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