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Growth alone will not solve EU youth unemployment

Location:

EU

Youth unemployment in the EU is higher than overall unemployment, and high by international standards. Since 2008, the economic downturn has been the main aggravating factor…

Falling euro-area unemployment masks EU disparities

Location:

EURO-AREA

Long-term labour market trends.

Inflation expectations matter more than unemployment

Location:

INTERNATIONAL

The surge in inflation this year owes more to supply bottlenecks caused by the release of pent-up demand than to falling unemployment. In the decade before the pandemic, US…

Saudi Arabian job creation will depend on oil revenues

Location:

SAUDI ARABIA

A major goal of Vision 2030, the kingdom’s strategic development framework, is to address persistently high levels of unemployment, especially amongst young people. Although…

High US unemployment means social fabric risks

Location:

UNITED STATES

Unemployment insurance claims have risen sharply during the pandemic. The Labor Department will release its latest data later today: total claims are likely to involve 30 million…

Risks to China from unemployed youth rise

Location:

CHINA

The timing is suspicious: urban youth unemployment hit an all-time high of 21.3% in June. This is around 6 million people aged 16-24, double the number before the pandemic. For…

Outsiders are gradually getting inside labour markets

Location:

INTERNATIONAL

Insider labour markets

South Africa mining slump hurts ANC election campaign

Location:

SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Turkish unemployment will stagnate without fast growth

Location:

TURKEY

In conjunction with other ad-hoc government measures, employment subsidies could assist economic activity in 2017 (global conditions and political developments permitting), at the…

Labour reform will not reduce unemployment in Brazil

Location:

BRAZIL

Deteriorating labour market conditions are having negative economic and social effects. The unemployment rate reached 13.6% in the three months ending in April, with 14 million…