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Analysis of European Labour Market in the Crisis Context

Gina Cristina Dimian, Bogdan Ileanu, Josef Jablonský and Jan Fábry

Prague Economic Papers, 2013, vol. 2013, issue 1, 50-71

Abstract: The purpose of this paper is to investigate the determinants of labour market dynamics in EU-27 in the recent period and to assess their impact on the process of economic development. The degree of originality is given by our choice to focus on the comparative analysis of two periods of time: 2000-2007, when the European Union as a whole, but especially Central and Eastern European countries as well as Mediterranean ones experienced significant improvements in labour market performances and overall competitiveness and 2008-2010, a recession period characterized by a massive loss of jobs and an equally large increase in unemployment, with anticipated consequences on economic growth. The main interest is to look for the key factors that determine the lasting performances of the leading European economies and possible solutions for ensuring the sustainable growth of the others.

Keywords: unemployment; economic growth; labour market dynamics; social models; global crisis (search for similar items in EconPapers)
JEL-codes: C23 J21 O14 P50 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.18267/j.pep.440

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