This chapter reviews the recent economic situation, trends and perspectives of the Eurozone. First, we summarize the main features of the double crisis that hurt the euro area since 2008–2009, including the more recent slow recovery. Second, we discuss the policies adopted in the Eurozone...

In this introduction to the symposium, we review the key determinants of youth unemployment in order to better understand the theoretical and empirical framework of the four papers in the symposium. In addition, we briefly discuss some recent evidence on the youth unemployment rate and NEET...

This paper assesses the impact of the recent crisis on the NEET (neither in employment or education or training) rate and the youth unemployment rate in EU regions. We use Eurostat data for the 2000–2010 period and focus on changes in both indices from 2000–2008 to 2009–2010. Employing...

Comparative evidence based on key labor market performance indicators is discussed for the US, Japan and Europe in a long-run perspective and, especially, showing the impact of the financial crisis and Great Recession. As for Europe, the huge national and regional level differences are...

This paper investigates the short-term joint dynamics of productivity and employment during economic down cycles in EU economies over the past 20 years. We disentangle changes in output into changes in employment and in productivity. We focus on the last two decades, highlighting the...