How To Reduce Unemployment In Europe

Including contributions from some of the world's most respected economists, this volume examines the performance of the European labour market compared to the US market and the countries in Europe that might represent a best and worst practice, and offers an economists' manifesto for employment.

Examines the main factors influencing unemployment at both an aggregate level and at an individual level and assesses the role of policies to bring unemployment down.

Covers mainly the period from 1970 to 1993.

Published in 1999, Working Europe: Reshaping European employment systems offers a fresh analysis of recent changes in labour markets and the restructuring of welfare states. The analyzes presented in the articles not only focus on labour market changes, but take up the important issues of: * How labour markets have been regulated and directed * How the various social security systems offered by the welfare state are related to the questions of labour markets and employment systems * How efficient labour market policies are in reducing unemployment * How employment is locally created and initiated * How the gender system is related to employment systems. This book is the first to offer a full picture of the restructuring of the employment systems and the complex relationship between employment, the welfare state and concepts of work.

Unemployment in Europe asks why European unemployment is so high and examines the policies adopted at local, national and European level to tackle the problems. It includes case studies of five major European cities with high unemployment.

The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural characteristics of the labor market. It will outline the main elements of a comprehensive strategy to address the problem.

The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at unprecedented highs in some European countries. This paper assesses the main drivers of youth unemployment in Europe. It finds that much of the increase in youth unemployment rates during the crisis can be explained by output dynamics and the greater sensitivity of youth unemployment to economic activity than adult unemployment. Labor market institutions also play a significant role in explaining the persistently high levels of youth unemployment, especially the tax wedge, minimum wages relative to the median wage, spending on active labor market policies, the opportunity cost of working (measured by the unemployment benefits), vocational training, and labor market duality. This suggests that policies to address youth unemployment should be comprehensive and country-specific, focused on reviving growth and advancing labor market reforms.

It is often argued that European welfare states, with regulated labour markets, relatively generous social protection and relatively high wage equality, have become counter-productive in a globalised and knowledge-intensive economy. Using in-depth, comparative and interdisciplinary analysis of employment, welfare and citizenship in a number of European countries, this book challenges this view. It provides: an overview of employment and unemployment in Europe at the beginning of the 21st century; a comprehensive critique of the idea of globalisation as a challenge to European welfare states; detailed country chapters with new and previously inaccessible information about employment and unemployment policies written by national experts. Europe's new state of welfare is essential reading for students and teachers of social policy, welfare studies, politics and economics.