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The Causes and the Factors of Unemployment in the European Union-Evolutions Between 2000-2010

Anca Ionete
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Anca Ionete: Academy of Economic Studies, Bucharest

Romanian Statistical Review Supplement, 2012, vol. 60, issue 3, 34-40

Abstract: Unemployment levels and rates move in a cyclical way, largely related to the general business cycle. However, other factors, such as labour market policies and demographic developments may influence the short and long-term evolution as well. In this article, I will realize an updated analysis of the evolution of unemployment in the European Union, focusing on its causes and determinants. The current economic crisis has led to the explosive growth of unemployment in the European Union. The European Commission’s Europe 2020 strategy sets out a vision of Europe’s social market economy for the XXIst century. As part of the flagship initiatives “An agenda for new skills and new jobs” and “Youth on the move”, unemployment rates will be targeted via by a range of policies, including proposals aimed at education and training or measures for the creation of a work environment conducive to activity rates with higher labour productivity. There are also initiatives aimed at improving the entry rate of young people into the labour market.

Keywords: unemployment; employment rates; labour market; social policy (search for similar items in EconPapers)
Date: 2012
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