Labour market and wage development in 2005, with special focus on labour market adjustment in the euro area (available soon as EUROPEAN ECONOMY. Special Report. No. 4. 2006)
This report examines recent labour market developments from a macroeconomic perspective, with the aim of shedding light on the interaction of employment trends with others macroeconomic developments such as GDP and productivity growth in 2005.
It presents in a comprehensive way the main findings related to recent trends and prospects on both the quantity side
- employment, participation, unemployment and labour cost side
- wage and unit labour cost developments