present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what …Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at … is known about the effects of past recessions. If past is prologue, the cost to the unemployed (and society) could be …

Article IV Consultation underlines that the European recession has had a negative impact on its economy, giving rise to … unemployment. The economy has entered its second year of near zero growth. To help restore competitiveness and improve financial … market conditions, decisive actions have been taken. Important decisions in 2012 include pension schemes and unemployment …

that ended with the global financial crisis. Unemployment soared, the fiscal position deteriorated sharply, and funding … the last seven quarters, unemployment has reached high levels, and financing conditions remain tight for small firms. The …

very high unemployment remains a key challenge, as does sustaining fiscal adjustment. Manageable public and private debt as …