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ArtikelInsider Aiding; Building Competitiveness  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8773 (Feb. 2012), page 71.
Topik: Eurozone; Unemployment; Younger Workers
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.70
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelOf all the euro zone's many problems, youth unemployment is perhaps the most distressing. Above-average unemployment is the norm for young people, even in more liberal markets like America's. Labour-market regulations take much of the blame: while hard-to-fire older workers luxuriate on permanent contracts, the young are typically hired temporarily and are easier to sack. Such "dual" labour markets are themselves products of reform. Although American unemployment quickly dropped following the troubles of the 1970s and early 1980s, European joblessness remained stuck at high levels. Leaders recognised the need to inject more flexibility into the labour market but powerful trade unions headed off a full-frontal assault on workers' rights. The answer was to create a less-protected class of employees
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