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Tag: unemployment

Fiscal Forecast Europe: Is Inflation Here to Stay?

Sven R. Larson May 25, 2023

If neither wages nor energy prices can explain why the ECB is right in being concerned about persistent inflation, then what can explain it? There is a candidate that nobody wants to talk about: taxes.

Italy To Cut Subsidies to Encourage Employment

Hélène de Lauzun May 4, 2023

The ‘solidarity income’ kept recipients from the labour market, according to Meloni. The new scheme focuses on people who cannot easily return to work, such as families with disabled people, minors, and people over 60.

Fiscal Forecast Europe: ECB Will Soon Return to Money Printing

Sven R. Larson April 13, 2023

With a welfare state that dominates their budgets, European governments are exceedingly vulnerable to a recession. When tax revenue declines and entitlements force governments to spend more, the inevitable result is larger budget deficits. What will the ECB do in response to that?

EU Unemployment Has Stalled

Sven R. Larson October 4, 2022

The highest current unemployment rates in the EU are found in Spain (12.4%) and Greece (12.2%); among the lowest are Hungary (3.5%) and the Netherlands (3.8%).

EU Sees Falling Unemployment

Sven R. Larson September 5, 2022

From 2021 to 2022, youth unemployment declined from 16.3% to 14.2% in the euro zone and from 16.1% to 14.0% in the EU.

Recession or Not? Part I

Sven R. Larson September 2, 2022

While it is correct that a recession is defined by two consecutive quarters of declining GDP, it is not correct that the American GDP declined two quarters in a row. Unfortunately, all the economists and analysts who made the recession call were wrong.

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Summer 2024, Issue 31

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