In countries that have a high degree of employment protection as measured by the World Bank's Rigidity of Employment Index, approximately ________ of jobless workers have been employed for more than one year.

Question

Quizplus · Accepted Answer

In countries with high employment protection, a larger proportion of jobless workers tend to have been unemployed for longer periods. This is because stringent employment protection laws can make it more difficult for employers to hire and fire workers, leading to less labor market fluidity and longer durations of unemployment for those out of work. The correct figure is approximately 43%.

In Countries That Have a High Degree of Employment Protection