Work cut out
Article Abstract:
The Brazilian economy is recovering, but unemployment is not improving, and has risen to 8%, according to one survey, though other surveys give a higher figure. The government faces pressure as a result of this rise in unemployment, which could worsen as a result of new measures such as privatizations and restructuring of companies already privatized. The services sector is no longer absorbing workers, and productivity increases mean that employment does not increase by as much as previously when the economy grows.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Can Europe get back to work?
Article Abstract:
There are indications that more rapid economic growth in Europe may lead to a fall in unemployment. However, unemployment will still remain considerably above the levels seen in the US. The growing flexibility of labour markets and corporate restructuring may lead to structural unemployment in the eurozone falling by around 0.25% a year over the period to 2002. Barriers to falling unemployment include generous unemployment benefits and high minimum wages.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Europe hits a brick wall
Article Abstract:
Politicians have not reduced unemployment in Europe even though the solution is obvious: make it less expensive for companies to hire people. The unique aspects of Europe's unemployment problem are examined. Explanations are offered for why labor market reform has been so difficult to accomplish.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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