Unemployment and wages in the United States and in the euro area
The relationship between the evolution of unemployment and wages was disrupted after the 2008 crisis. Despite a decrease in unemployment following the crisis, wages in 2018 were still less dynamic than in the pre-crisis period in the euro zone and the United States. This weakening of the link between wages and unemployment was mainly the result of the development of new forms of employment and wag... Lire la suite