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Employment growth and GDP in the euro area

Author

Listed:
  • Botelho, Vasco
  • Da Silva, António Dias

Abstract

This box highlights the importance of the labour market to sustain economic growth since the beginning of the recovery and underlines the current labour market strength in the face of the recent slowdown in real GDP growth. JEL Classification: C13, E24

Suggested Citation

  • Botelho, Vasco & Da Silva, António Dias, 2019. "Employment growth and GDP in the euro area," Economic Bulletin Boxes, European Central Bank, vol. 2.
    • Handle: RePEc:ecb:ecbbox:2019:0002:3
    Note: 686280
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2019/html/ecb.ebbox201902_03~29ccc5ebf4.en.html
    Download Restriction: no
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    Citations

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    Cited by:

    1. Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bi, 2021. "Employment and the conduct of monetary policy in the euro area," Occasional Paper Series 275, European Central Bank.

    More about this item

    Keywords

    employment; GDP; Okun’s law; unemployment;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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