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Lallement, Michel

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Europe and the economic crisis: forms of labour market adjustment and varieties of capitalism

The economic crisis that beset Europe in 2007 had a considerable impact on employment. Since 2008, unemployment has... Show more
The economic crisis that beset Europe in 2007 had a considerable impact on employment. Since 2008, unemployment has increased throughout Europe, but adjustment mechanisms affecting the labour market have varied from one country to another. By examining six representative European Union [EU] countries from the EU15, this article examines three types of adjustment involving segmentation, working hours and unemployment/underemployment. These adjustment systems, which originate from business strategy and which are partly supported by public policy measures, reflect the persistence of three varieties of capitalism in Europe.
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Authors: Lallement, Michel

Date: 2011

Geographic subjects: Europe; France; Great Britain ... [+] Show more

Resource type: Article

Journal title: Work, employment and society

Subjects: Economics; Employment