Germany's unemployment rate hardly budged during the crisis: it was 7.3% in 2008 and 7.5% in 2009. This contrasts sharply with what happened in the other large countries of the euro zone - increases from 11.4% to 18.0% in Spain, from 7.8% to 9.4% in France, from 6.8% to 7.8% in Italy - and it occurred even though output in Germany declined by far more than the euro zone average. Three factors shed... Lire la suite
The French unemployment rate fall to 8.6% at the end of 2006, its lowest level since 1983. For the year as a whole, unemployment has declined by around 1 percentage point: can we put this fall entirely down to a good economic situation, or does it also reflect structural improvements in the labour market?To answer this question we need to distinguish between cyclical and structural components in t... Lire la suite
À la fin de l'année 2006, le taux de chômage en France était de 8,6% de la population active ; il faut revenir à 1983 pour trouver un taux de chômage inférieur. Sur un an, le taux de chômage a baissé d'environ 1 point : cette baisse reflète-t-elle uniquement la bonne conjoncture économique ou traduit-elle aussi une amélioration durable du fonctionnement du marché du travail ?Pour répondre à cette... Lire la suite