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different entities; and (2) the cooperation between the public employment services and non-governmental employment agencies in … directions for further research in the field of integration of employment services. …
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historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
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employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …
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of other employment policies. …
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