Estimating labour market slack in the European Union | Eurofound

Estimating labour market slack in the European Union | Eurofound

There were close to 23 million unemployed people of working age in the EU in 2015 but around 50 million people in a broader category of labour slack, encompassing inactive people wishing to work and underemployed, involuntary part-timers as well as the unemployed, according to a new report from Eurofound, the Dublin-based EU Agency. (...)