Bertelsmann Stiftung (ed.)

Dr. Thieß Petersen

spotlight europe 04/2012: Can Mobility Offset

  • 1. edition 2012 (PDF)
  • Free of charge

The sovereign debt crisis in the eurozone has had dramatic consequences for European labour markets. In April 2012, almost 25 million people in the EU were out of work – a historic high. Whereas unemployment in Austria, Germany, Luxembourg, and the Netherlands ranged from just 3.9% to 5.4%, in Greece and Spain joblessness climbed to almost 25%.