This paper examines the relation between unemployment and cardiovascular disease mortality in EU countries between 2000 and 2010. Two separate studies are summarized and highlight the increase in heart disease and stroke mortality rates as potential outcomes of the greatly extended unemployment rate during this period.
This report addresses the question of whether it is technically, financially and legally feasible to estimate geographic mobility and migration flows in the European Union. The study reviews state-of-the-art methods to measure stocks and flows of migrants using traditional data sources but also new and innovative data sources such as mobile phone data and social media data. It finds that it is indeed feasible to estimate geographic mobility and migration flows in the European Union but that that it depends on several important factors such as access to data, legal obstacles and desired outcomes that are outlined in the paper.
This study highlights the strong relation between unemployment, especially long-term unemployment, and poor self-perceived health. It shows that unemployment increased bad and very bad self-perceived health in European countries between 2004 and 2013. The longer the duration of unemployment, the stronger is the effect on self-perceived health. The study helps evaluate more comprehensively the impact of the crisis, (long-term) unemployment and inactivity on the health of individuals, thus showing that the labour market situation spills over into other important areas of public policy such as healthcare.
The review confirms an increase of the overall employment rate, for both the EU and the euro area – an increase representing 3 million more employed people in the EU than one year before. The overall long-term unemployment rate, at the other hand, decreased by 0.6 pp compared to a year before and stands now at 4.3% of the labour force. This is the largest reduction since the first decline in long-term unemployment observed in 2014. In addition, for the first time since the start of the economic recovery, the number of very long-term unemployed (unemployed over two years) dropped more strongly than the number of people long-term unemployed for less than two years. Finally, this season's edition also shows a continuous improvement and convergence among Member States regarding youth unemployment, which has decreased more strongly in countries most affected by the crisis.
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Since the eruption of the sovereign debt crisis in the Eurozone, substantial efforts have been made to create a new form of governance for the Eurozone that will make the monetary union more robust in absorbing future economic and financial shocks. Much of the drive to adapt the governance of the Eurozone has been influenced by the traditional theory of optimal currency areas (OCA), which stresses the need for flexibility in product and labour markets. As a result, the Eurozone countries have been pushed towards structural reforms that aim to reduce the structural rigidities in product and labour markets. In this paper we ask whether this movement towards structural reform as part of the push for new governance is really going in the right direction. We will argue that this is not the case. The main reason is that the nature of the shocks that have hit the Eurozone does not correspond to the pattern of asymmetric shocks that has been identified by the OCA theory to require more flexibility. We will argue that what is needed in the Eurozone is not more structural reforms but a better mechanism capable of dealing with the classical boom and bust dynamics that are inherent to capitalism.