Abstract
The period of employment expansion during what used to be called ‘the great moderation’ — from the early 1990s to 2007 — has been the subject of much of the analysis in this book. The focus in this chapter will be on the effect on the structure of employment of the ‘great recession’ initiated by the global financial crisis which started in the EU towards the end of 2007 and gathered momentum during 2008. The aim is to compare the effect of this recession both against that of other recent recessions in Europe and against the likely outcome had growth continued at its trend rate.
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© 2012 Donald Storrie, Terry Ward, Robert Stehrer and John Hurley
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Storrie, D., Ward, T., Stehrer, R., Hurley, J. (2012). The Changing Structure of Employment during Periods of Recession and Recovery in the EU. In: Fernández-Macías, E., Hurley, J., Storrie, D. (eds) Transformation of the Employment Structure in the EU and USA, 1995–2007. Palgrave Macmillan, London. https://doi.org/10.1057/9780230369818_10
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DOI: https://doi.org/10.1057/9780230369818_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33416-2
Online ISBN: 978-0-230-36981-8
eBook Packages: Palgrave Social Sciences CollectionSocial Sciences (R0)