Source: OECD StatExtract
Ireland and Britain justly earned the name the sick man of Europe in the 1980s. Irish unemployment was in the mid teens much of the 1980s because the Irish economy was in a great depression from 1973 to 1992.
Unemployed people are defined as those who report that they are without work, that they are available for work and that they have taken active steps to find work in the last four weeks. The ILO Guidelines specify what actions count as active steps to find work; these include answering vacancy notices, visiting factories, construction sites and other places of work, and placing advertisements in the press as well as registering with labour offices.
Recent Comments