European unemployment: origins and challenges

Author (Corporate)
Series Title
Series Details No.69, 1999, p115-148
Publication Date 2000
ISSN 0379-0991
EC CM-AR-99-003-EN-C
Content Type

This study provides a brief summary description of what may be regarded as the current dominant thinking about the roots of the European unemployment problem. High and persistent unemployment in Europe is interpreted as the result of the interaction of a series of adverse aggregate supply and demand shocks with labour market institutions and product market regulations proving insufficiently capable of adjusting swiftly to changes in economic conditions.

Source Link Link to Main Source http://ec.europa.eu/economy_finance/publications/index_en.htm
Subject Categories
Countries / Regions