couldn't this be the natural result of europe aging past it's "demographic window"? Since europe's demographics predict it will eventually deal with an immense labor crunch wouldn't we expect a steady decline in unemployment along the way?
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European employment (boring statistics thread)
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Re: European employment (boring statistics thread)
Originally posted by Colon™
If you suspect this is the result of people moving out of the labour market, that is not correct: employment rates have been moving up year after year in the Eurozone...And if you wonder that the employment rate crept up because the working-age population declined: it really is the result of actual job-creation. Ever since '94 the amount people that are employed has grown, again even during the sluggish years after 2000.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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BTW, in the last quote I actually meant to say: "In every year since '94 the amount people that are employed has grown, again even during the sluggish years after 2000."DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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Update
Eurozone's (now also including Slovenia) unemployment rate has fallen to 7.3% in February. Considering there's no sign the economic upturn is losing steam, the 7% milestone is within reach. In comparison, the unemployment rate's lowpoint in the previous cycle was 7.7%.
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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Wow. Hard to believe that nearly a year ago, I was really into European employment statistics. Amazing how things change.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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When you lower the bar enough, you'll easily jump over it. 65% employment is a pathetic goal.
What are the employment numbers now? How about employment in the private sector? In Finland, the social democratic ministry of labour has put unemployed people into "employment courses", where they'll receive no-content education and are counted as students instead of unemployed people, for 12 years now. That's what Pekka means by "redefining", and that's why unemployment statistics have turned worthless in the 21st century.Last edited by RGBVideo; April 2, 2007, 06:17.
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