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Structural Change in European Labour Markets

Published online by Cambridge University Press:  26 March 2020

Julian Morgan
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Extract

In recent years considerable attention has been paid to the condition of labour markets in Europe. The recession of the early 1990s saw unemployment reach a post war high in a number of European countries. As Chart 1 shows unemployment has shown a secular upward trend in Germany, Italy and most notably, Spain. Real wage growth was also slower in the 1980s and 1990s than it had been in the 1970s (Chart 2).

Type
Articles
Information
National Institute Economic Review , Volume 155 , February 1996 , pp. 81 - 89
Copyright
Copyright © 1996 National Institute of Economic and Social Research

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Footnotes

∗

I am grateful to Martin Weale, Ray Barrell, Nigel Pain and Garry Young for helpful comments.

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