Long-term unemployment in the European Union during the last five turbulent years
Long-term unemployment in the European Union during the last five turbulent years
Author(s): Tomáš PavelkaSubject(s): Economy
Published by: Mykolas Romeris University
Keywords: economic recession; duration of unemployment; incidence of long-term unemployment; labour market; long-term unemployment; unemployment rate
Summary/Abstract: The European Union has undergone an economic cycle in the last past five years. Strong output growth changed into a deep recession in 2009. Fluctuations of the GDP had, of course, an impact on the labour market. The labour market in some Member States of the European Union has traditionally been characterized by high levels of unemployment and also of long-term unemployment. It appears that long-term unemployment falls mainly on certain specific groups of workers. This paper deals with the impact of recent economic development on the incidence of long-term unemployment in the Member States of the European Union.
Journal: Intelektinė ekonomika
- Issue Year: 6/2012
- Issue No: 3
- Page Range: 293-305
- Page Count: 13
- Language: English