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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> the Federal Reserve of New York

Growing similarity between U.S and European labor markets

Posted by RJ and Makay on Jul 26, 2011

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Western Europe’s stagnant growth in recent decades has often been attributable to the many adults who are not working, and are effectively unemployable because they have been out of work so long.  Historically, the United States has had a much higher percentage of its population in gainful employment.