The paper elaborates on the employment intensity of growth. Previous evidence regarding this question is surveyed …. Empirical results concerning Europe and selected other industrial countries reveal that the cyclical link between unemployment … that the employment intensity of growth is influenced by the country's wage setting process, the share of the service …

covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force … years. However, the impact of this development on unemployment is rather limited. …

This paper examines the usefulness of the Okun relationship as a “rule of thumb” for predicting changes in unemployment … differential reaction of unemployment to changes in the various expenditure components of GDP - significantly enhances the capacity … of the Okun relationship (in comparison to the aggregate “rule of thumb”) for predicting movements in unemployment. The …