While there has been some recovery since the depths of the Great Recession in 2009, both output and employment levels remain lower than they were pre-crisis in the EU-27. Indeed, the severity of the recession has been such that output has yet to return to 2007 levels in each of the largest...

Eurofound’s fifth annual yearbook, Living and working in Europe, based on the Agency’s research from 2013, describes developments in the EU in the wake of the crisis, focusing on major topic areas including changes in labour markets and employment, efforts to tackle youth unemployment,...

European labour markets added nearly 30 million new jobs in a golden age of employment creation prior to the onset of the Great Recession in 2008. These labour markets subsequently shed six million jobs, and unemployment peaked at 11% in 2013, its highest rate in well over a decade. This third...