Gill, Indermit; Koettl, Johannes; Packard, Truman - Institute for the Study of Labor (IZA) - 2013
Today, Europe is a continent of low participation, low employment labor markets. Many observers would like to blame … America, Oceania, and East Asia. This has led to low labor force participation and high unemployment, especially among young … Europeans. Layered on top of these weak labor markets is the rapid onset of aging; if policies are not changed, Europe will lose …