The prospects for labour supply in Europe are considered. The analysis begins with a so-called labour market balance covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force participation are given in the second part of the...

1. Work and Labour: Meanings and Concepts -- 2. Population, Urbanization and Working People -- 3. Technology, Markets, Specializations and Organization of Production -- 4. Labour Relations -- 5. Labour Conditions -- 5. Work and the Little Divergence