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Unemployment in the European Union (EU) is a serious problem that threatens to disrupt the integration of accession … conundrum for European employment because the conventional theory explaining unemployment in Europe - labor market rigidities … unemployment, but it could destroy the economic promise of the EU for its poorer regions and the accession countries. …
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"Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...
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