On the face of it, Austria’s labour market performs very well, which is reflected in one of the lowest unemployment … rates in the EU. However, while many of the euro area members have recently succeeded in reducing unemployment, the Austrian …. In addition the unemployment statistics are distorted by the relatively low labour force participation of older workers …

feature of the Finnish economy compared with that of Sweden and Denmark is the higher level of unemployment. In the early 1990 … adapt. The spectacular recovery of the Finnish economy has pushed up labour demand. While unemployment has fallen back from …

Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment … costeffective and efficient means of reducing unemployment, during both periods of economic stability and recovery. …