unemployment

July 4, 2019

Tailoring the Work and Leisure Trade-off

Legal interventions in hiring and firing practices are often referred to as employment protection legislation that include working hours, health and safety requirements. The extent of legislative intervention and its quality significantly affects the functioning of the labour market.
January 30, 2019

Employment Flexibility Index 2019

The Employment Flexibility Index 2019 of the member states of the European Union (EU) and the Organization for Economic Co-operation and Development (OECD) provides a comparative quantitative analysis of labor regulation flexibility.
November 24, 2018

The Economic Damage Inflicted by Production Taxes

Production taxes in France have long been a contentious issue closely linked to employment and wage growth. France currently sets one of the highest levels of production taxes in the EU, which can be seen as an example of the government’s habitual over-taxation.
September 10, 2018

Fixed-term Employment for Long-term Competitiveness

Labour market flexibility may be characterized by the market participants’ abilities to deviate from standard labour regulations and typical forms of employment. Such possibilities may not only provide positive outcomes to both employers and employees, but they may also benefit the whole economy.
June 22, 2018

Labour Migration and Employment Flexibility

Economic migrants rarely displace local labour force. Immigrants are more likely to complement existing labour force creating opportunities for growth and bringing needed skills. Foreign workers reduce imbalances in local economies by filling in the demand for workers that a local economy cannot provide or by taking up jobs that local workers do want to pursue.
May 14, 2018

Robocalypse Now?

It is claimed that robots, algorithms and artificial intelligence are going to destroy jobs on an unprecedented scale. These developments, unlike past bouts of technical change, threaten rapidly to affect even highly-skilled work and lead to mass unemployment and/or dramatic falls in wages and living standards, while accentuating inequality.
November 5, 2015

Spain’s Unemployment Problem – A Taxing Issue

One of the consequences of the Eurozone crisis has been to popularise the extremely high levels of unemployment now prevalent in Greece and Spain. With around a quarter of the active labour force out of a job, including close to 50 per cent of those 25 or younger, these two countries are indeed outliers in a continent whose average unemployment rate is itself higher than elsewhere in the world.
November 4, 2015

The Key Measure in the Greek Crisis Is Political Capital

The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.