Labour market slack is the shortfall between the volume of work desired by workers and the actual volume of work available. The most important indicator of labour slack is the unemployment rate, but an exclusive focus on this fails to take account of the four-fifths of the jobless population who...

Labour market slack is the shortfall between the volume of work desired by workers and the actual volume of work available. The most important indicator of labour slack is the unemployment rate, but an exclusive focus on this fails to take account of the four-fifths of the jobless population who...

Over the last decade, Foundation research has examined effective ways of promoting the participation of older workers in the labour market, to enhance their contribution and productivity, and prevent their early exit and unemployment. This report extends the research to the new Member States and...