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23 juni 2016

Did you know? Bulgaria is the most resilient country in terms of unemployment

“Findings of D1.3 INSPIRES Benchmark Report - Labour market resilience in Europe”

This INSPIRES Benchmark report (D.1.3) is part of the first Work Package of the INSPIRES research project, funded by the European Community’s Seventh Framework Programme. It provides the follow up of the INSPIRES first and second deliverables, namely the Review Essay of Labour Market Resilience (Bigos et al., 2013) and European Labour Market Resilience Dataset (ELMar).

Labour market resilience is the main concept in this report and within the entire INSPIRES project. It refers to the capacity of labour markets to absorb external shocks and mitigate their negative impact for unemployment levels as well as the poverty and social exclusion among the labour force. Although all the European countries have been affected by the crisis, there are considerable differences in the way countries managed to mitigate the negative labour market consequences. While some countries almost doubled their unemployment rates, other countries proved to be more resilient and managed to maintain relatively low increases.

The INSPIRES Benchmark report assesses and analyses these diverse responses of countries to the crisis. The findings presented in this report suggest that the factors contributing to labour market resilience are multiple, change over time, and often vary across different vulnerable groups. This table ranks countries according to their resilience based on the indicator that has been developed by the INSPIRES team. Click here if you want to read the full report of D1.3 “The INSPIRES Benchmark Report - Labour market resilience in Europe”
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