Essay examples --

It both started in the summer of 2007 when a crisis hit the U.S., and because of the Brobdingnagian government interventions that were make, the U.S. and some atomic number 63an countries got into a recession. The EU crisis was also caused by big debts made mostly in Spain and Italy, before 2008. The private sectors (companies and mortgage borrowers) who were taking bring out loans were the main reason for this crisis. There was a decrease in the interests pass judgment in southern European countries when they joined the euro and that resulted and caused the countries to go into a huge debt. This had negative effects on the financial commercializes, a slowing master of the economic growth in the industrialized countries, and impacted the European outwear martplaces. After the Second World War the unemployment assesss in Europe were already low, and with the crisis the percentage of the unemployment rates just growingd in the followers years. All of this was due to differe nt problems and occurrences that they were facing such as the two oil price shocks, the decrease in the production growth, the disinflationary policy of numerous Central Banks, and so on. This recession resulted in very high unemployment, and the increase in unemployment during that period was made by using some native measures (such as flexible working time arrangements, temporary closures, etc.) but the unemployment was non equally shared between the different groups of peck (the largest differences occurred due to the sex, education, age, etc.) but at the end these measures only delayed the process of significant get the picture unemployment, it didnt help the situation go back to how it used to be before the crisis. The labor force of a population is involved with the people who are employed and unemployed. The Inte... ... face many problems, the European labor market was affected by this crisis as well, and there were many other problems that were face during this hard period. The EUs plans for the future are to minimize the commerce losses and prevent unemployment, improve job creation, and to recover the economy in a full and stable way. In order for them to make this snuff it and in order for them to improve and develop the flexibility of the labor market and in order to raise the labor supply, they made some cuts in the income taxes, improved the access to non-standard forms of work, redirected the active labor market policies, and similar activities homogeneous these were made. But even though the EU crisis has influenced the European labor market and has created many problems and struggles with unemployment, in the past couple of years they managed to increase the unemployment rate by 2%.