Editorial: From deep recession to fragile recovery ‐ How labour market policies can help promote a quick return to work
Abstract:The global economy is emerging from the worst financial and economic crisis of the past half century, but it will take time and strong political will to heal the wounds in the labour market. While the economic recovery is broadening and strengthening, employment growth is still lagging. In the two years to the first quarter of 2010, employment fell by 2.1% in the OECD area and the unemployment rate increased by just over 50%, to 8.7%, corresponding to 17 million additional persons in unemployment.
Document Type: Review Article
Publication date: July 1, 2010