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The Labour Market and Wage Developments in Europe report analyses the labour market from a macroeconomic perspective. It provides an analysis of recent employment and wage developments, looking at the euro area and the EU as a whole in comparison with its global trading partners. The 2016 edition shows that job creation continued to progress in 2015 and 2016 and analyses the reasons behind this improvement. The report also focuses on the macroeconomic implications of statutory minimum wages in the EU and surveys the institutional minimum wage setting mechanisms in place in EU Member States.
The aim of this study is to allow the Commission to update the calibration and further operationalize the existing Labour Market Model. This model has been set up by external experts in order to improve the European Commission’s understanding of transmission mechanisms of labour market policies in the context of the European Employment Strategy. The Labour Market Model is used to provide a theoretical and empirical basis for identifying the possible direction and intensity of the effects of labour market policies. It uses actual economic data to estimate how an economy might react to changes in labour market policies or other policy reforms or external factor.
This paper is a joint effort by the OECD and the European Commission to make a first evaluation of the situation on refugees on the labour market. It is based on the 2014 EU Labour Force Survey. Available evidence confirms that refugees are one of the most vulnerable groups when it comes to labour market integration but show however, significant differences across European countries.
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.
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.