Unemployment in the EU [What Think Tanks are thinking]

Unemployment in the euro zone and the whole European Union has been inching down for many months, adding to signs of economic recovery, but remains well above levels recorded before the start of the financial crisis in 2008. The seasonally-adjusted euro area unemployment rate was 11.1 percent in April 2015 down from 11.7 percent in the same month last year. The EU-28 rate was 9.7 percent in April 2015, compared with 10.3 percent in April 2014. There are significant differences among member states in the jobless rate, which was 4.7 percent in Germany in April 2015 and 25.4 percent in Greece.

The slow decline in current unemployment levels and the fact that, even before the crisis, unemployment was much higher in the EU than in many other regions of the world are attributed by some economists to certain labour market issues. High joblessness, especially among young people, is now considered a major social and economic problem, prompting calls for reform. Boosting what is the still sluggish economic growth and increasing the number of jobs are a key priority for European Commission President Jean-Claude Juncker.

This note highlights a selection of commentaries and studies by major international think tanks and research institutes on labour market issues, with hyperlinks to the texts concerned.

This At a Glance written by Marcin Grajewski.

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