The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

persisting increases in unemployment. This paper analyses the impacts of the crisis on euro area labour markets, paying … accelerate the adjustment capacity of euro area labour markets and help reduce the current high levels of structural unemployment. …

This paper revisits the empirical relationship between unemployment and output, and its evolution following the … the European System of Central Banks (ESCB). First, the negative correlation between output and unemployment (Okun’s law …. Focusing on the euro area, the financial distress seems to have altered the dynamics of output and unemployment mainly at lower …