Author (Corporate) | European Commission: DG Employment Industrial Relations and Social Affairs [DG V] |
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Publisher | Publications Office of the European Union |
Series Title | Employment in Europe |
Publication Date | 1994 |
ISBN | 92-826-8965-4 |
EC | CE-85-94-042-EN-C |
Content Type | Report, Statistics |
Summary:After three years of recession, little net job creation and rising unemployment, the immediate outlook for the European economy looks more favourable. Output is recovering and the increase in unemployment seems to have come to an end in most parts of the Community. Favourable developments do not signify, however, that the problem of excessive levels of unemployment is about to be resolved, still less that the failure of the Community to generate enough jobs to employ all those who wish to work — whether recorded as unemployed or not — is a thing of the past. Despite the short-term improvement in economic fortunes, unemployment remains the major economic problem facing the Community — both now and for the rest of the decade. While the outlook for the remainder of 1994 and for 1995 can be forecast with some degree of confidence, the prospects for the longer-term are highly uncertain. Whether economic growth can be sustained, and whether this can successfully be translated into jobs, depends in part on whether growth of the global economy continues and spreads. It also depends, however, on what happens within the Community itself. In particular, it depends on how far the longstanding structural problems identified and analysed in the Commission White Paper on Growth, competitiveness, employment published towards the end of 1993 can be overcome. Contents:
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Source Link | Link to Main Source https://op.europa.eu/en/publication-detail/-/publication/e42b5fda-7bb5-47db-9625-0f2ea5ff1cdf |
Subject Categories | Employment and Social Affairs |
International Organisations | European Union [EU] |