OECD outlook for employment

The OECDs annual employment report makes for sombre reading especially for those European countries. The Economist reports that policymakers in Europe, where projections remain especially poor, need to focus on creating demand. There is good discussion on structural and cyclical unemployment and especially the problem of youth unemployment. Basically the OECD have stated that there needs to be more focus on demand but with austerity measures in place where is it going to come from? Good introduction to unemployment.

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