Massive layoffs in times of crisis can lead to a surge in crime, according to a study by Diogo Britto, Paolo Pinotti (both at Bocconi Baffi-CAREFIN’s CLEAN center), and Breno Sampaio (Federal University of Pernambuco) published in Econometrica. Thus, active labor market policies aimed at speeding up the return of workers to jobs are even more urgently needed.
Click here for original story, Researchers measure the link between unemployment and crime
Source: Phys.org