2016 | OriginalPaper | Chapter
Unemployment in the European Community: Counting the Costs
Author : P. N. Junankar
Published in: Economics of the Labour Market
Publisher: Palgrave Macmillan UK
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In the past few years unemployment has grown rapidly and reached postwar record levels in the European Community (EC). The total registered unemployment in the EC in February 1988 was 16.6 million while the total in the ‘big four’ (France, Germany, Italy and the United Kingdom) was 11.5 million. An especially worrying feature has been the growth of youth unemployment as well as the increase in long-term unemployment. Table 6.1.1 gives a summary picture of these trends: