persisting increases in unemployment. This paper analyses the impacts of the crisis on euro area labour markets, paying … accelerate the adjustment capacity of euro area labour markets and help reduce the current high levels of structural unemployment …

The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

employment, unemployment rates, compensation per employee, labour cost indicators, industrial production, retail trade turnover …

benign, but its effects on wages and labour share depend on the structure of the economy and its labour market institutions …

risk of macroeconomic adjustments being managed in terms of quantities (unemployment) rather than prices when DWR is …