Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as … the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and … unemployment benefits can contribute to happiness - though when such policies prolong unemployment, the net effect on national …

Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment …

Aside from employment protection laws, which have been converging, other labor market institutions in new and old EU … institutions also differ among the new EU member states, with the Baltic countries being much more liberal than the others …

in its labor market. Institutions that typically characterize rigid labor markets are effectively balanced by flexibility … instruments. Important developments since 2000 include steadily decreasing unemployment rates (since 2005), increasing …

labor force participation rate, reversing a nearly 50-year trend; the full recovery of unemployment from the depths of the …

and unemployment showed little sensitivity. Workers have paid the price for this rather stable employment situation in the …

labor force participation rate, reversing a nearly 50-year trend; the nearly full recovery of unemployment from the depths …