On the face of it, Austria’s labour market performs very well, which is reflected in one of the lowest unemployment … rates in the EU. However, while many of the euro area members have recently succeeded in reducing unemployment, the Austrian …. In addition the unemployment statistics are distorted by the relatively low labour force participation of older workers …

feature of the Finnish economy compared with that of Sweden and Denmark is the higher level of unemployment. In the early 1990 … adapt. The spectacular recovery of the Finnish economy has pushed up labour demand. While unemployment has fallen back from …

Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment … persistent structural unemployment. This weakness in providing labour and capital inputs means that Germany risks losing some of …

extent similar to the one of 1995-1997 which ended in large macroeconomic imbalances (increasing unemployment, spare capacity …