Author (Corporate) | European Commission: DG Employment Industrial Relations and Social Affairs [DG V] |
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Publisher | Office for Official Publications of the European Communities |
Publication Date | 1991 |
ISBN | 92-826-2916-3 |
EC | CE-70-91-718-EN-C |
Content Type | Report, Statistics |
Summary: The latter part of the 1980s was a time of optimism in Europe. After several years of slow growth, inadequate job creation and high unemployment, economic recovery in the Community seemed well established, employment was increasing at an historically high rate and unemployment was falling. The Single Market programme for removing barriers to internal trade and widening the scope of competition between European producers had been embraced enthusiastically, accelerating the trend towards the organisation of production and distribution on a European-wide basis. Outside the Community, political reform in Central and Eastern European countries was opening up the prospect of considerable trade growth and closer commercial relations. The first year and a half of the 1990s, although it may not have destroyed this optimism, has demonstrated that the Community still faces serious difficulties in sustaining economic growth and generating sufficient employment to meet demands. It has also been highlighted the fact that the Community, because of its openness and its importance in the global trading and financial system, remains vulnerable to events in the rest of the World, particularly those which take place in the neighbouring regions. Since the beginning of 1990, economic growth in many Member States of the Community has slowed appreciably. From the third quarter of the year, as a delayed reaction to this, the lengthy period of rapid job creation has come to a halt. For most Member States, the forecast is for some economic recovery starting in the second half of 1991 but at modest rates, for little or no growth of employment and for rising unemployment. Table of Contents:
Further information: This Report was published by the European Commission as COM (91) 248. |
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Source Link |
Link to Main Source
http://bookshop.europa.eu/uri?target=EUB:NOTICE:CE-70-91-718-EN-C
Alternative sources
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Subject Categories | Employment and Social Affairs |
Subject Tags | Employment Policy, Labour Market |
International Organisations | European Union [EU] |