Author (Corporate) | European Commission |
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Series Details | COM (2015) 462 |
Publication Date | 17/09/2015 |
Content Type | Policy-making |
Summary: During the 2008-09 financial and economic crisis, most EU Member States experienced a major economic downturn that led to a sharp deterioration in their labour market. At EU level, the unemployment rate increased to a historically high level. It is currently on a declining path. Unemployment remains high in particular among young people and the long-term unemployed. Long-term unemployment (unemployment lasting more than a year) doubled since 2007 and accounts for half of total unemployment: 12.1 million people, i.e. 5% of the active EU population, 62% of whom have been out of work for at least two consecutive years. At EU level, long-term unemployment remained at very high levels during 2013 and 2014. |
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Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2015:462:FIN |
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Subject Categories | Employment and Social Affairs |
Keywords | Long-term Unemployment |
International Organisations | European Union [EU] |