nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace …. Despite long working hours, labour utilisation is only average due to structurally low employment rates, particularly at both … ends of the age spectrum, with some marked regional differences. The female employment rate is especially low, in part due …

worsens. Moreover, robust results across the regression scenarios show that higher employment protection and minimum wages … indicate that the increasing share of services employment in total employment is helping to reduce unemployment among young …