A Grim Employment Forecast for Europe – Economist (Video)

One of a number of posters created by the Econ...

One of a number of posters created by the Economic Cooperation Administration to promote the Marshall Plan in Europe (Photo credit: Wikipedia)

According to the Economist, the OECD annual employment forecast makes for some sombre reading. The Economists correspondents say that  Europe’s policy makers should focus on creating demand.

A grim employment forecast for Europe 

For me the article focused on the need for:

  • Demand management
  • Right kind of market reforms

Any thoughts?

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Youth Unemployment Statistics – OECD

English: OECD members Accession candidate coun...

English: OECD members Accession candidate countries Enhanced engagement countries (Photo credit: Wikipedia)

Check out the latest unemployment statistics from OECD for so called rich countries, especially youth unemployment. This is a MUST READ, in my view.

via Youth Unemployment Statistics – OECD.

The OECD statistical extracts are an excellent source of up to date hard data. The raw data can easily be downloaded graphed or trended.

For me, the data immediately highlighted the failure of the austerian politicians in Washington, London and Berlin. Too much austerity is directly correlated to youth unemployment, especially in Southern Europe.

Any thoughts?

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