How the Generosity of Pandemic Aid Has Affected Poverty and Unemployment

František STRUNGA

https://doi.org/10.53465/EDAMBA.2022.9788022550420.409-419

 

Abstract: In the article we deal with the degree of pandemic assistance, resp. its level in terms of the impact on basic economic and social indicators of unemployment and poverty. We will discuss its legislative anchoring and solutions offered by the Slovak government in cooperation with European partners. We analyze in detail its practical application in the conditions of the Slovak Republic with the perspective of incorporating these tools “kurzarbeit” as stabilizers for future cases. We will propose development scenarios that describe the situation in the case of none, respectively insufficient aid, in relation to job trends and structures in the context of newly created labor market conditions. We will focus on the possible effects of unemployment and the rate of increase in poverty caused by the pandemic. We will evaluate pandemic aid from the government on the indicators we monitor, unemployment and poverty. We will evaluate possible changes and their impact on the social area and potential problems to which society will be forced to respond.

Keywords: labor market, unemployment, pandemic assistance, poverty

JEL classification: J21, J64, I32

Fulltext: PDF

Online publication date: 3 March 2023

ISBN: 978-80-225-5042-0

Publisher: University of Economics in Bratislava

Pages: 409-419

 

To cite this proceedings paper (STN ISO 690 and 690-2):

STRUNGA, F. 2023. How the generosity of pandemic aid has affected poverty and unemployment. In LÜLEYOVÁ, A. (ed.). EDAMBA 2022: Conference Proceedings. Bratislava: University of Economics in Bratislava, 2023. ISBN 978-80-225-5042-0, pp. 409-419. https://doi.org/10.53465/EDAMBA.2022.9788022550420.409-419