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Employment and Unemployment in the EU. Structural Dynamics and Trends

Marioara Iordan () and Mihaela Nona Chilian ()
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Marioara Iordan: Institute for Economic Forecasting, Romanian Academy
Mihaela Nona Chilian: Institute for Economic Forecasting, Romanian Academy

Working Papers of Institute for Economic Forecasting from Institute for Economic Forecasting

Abstract: Worldwide, employment trends are most often related to the ageing of world countries’ populations. The changes in the main shares of age groups in total population were significant, but concomitantly annuling their influence on total employment: the increase in women’s participation to labor determined the increase in employment, but youth (15-24 years) employment has declined. The latter phenomenon occurred due to increase in tertiary education enrolment, as well as to the increase in youth unemployment. Also, the employment of persons aged 65 and over has evolved differently in the developed, emerging and developing economies: in the first two cases it had determined delayed retirement. Also in the European Union and, implicitly, in Romania, deep changes in the employment structure and unemployment dynamics have occurred, revealing particular features of which some are addressed in our paper.

Keywords: employment; unemployment; European Union; youth employment/unemployment; older workers; educational attainment (search for similar items in EconPapers)
JEL-codes: J11 J21 J60 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2015-10
New Economics Papers: this item is included in nep-age
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