Sonntag, 7. April 2013

EU Employment and Social Situation Quarterly Review – March 2013

This edition highlights the effects recent government spending cuts have had on the employment and social situation in a number of Member States. Fiscal tightening affected employment through both direct (public sector employment) and indirect (aggregate demand) channels. Changes to the tax and benefits systems and cuts in public sector wages have led to significant reductions in the level of real household incomes, putting a heavy strain on the living standards of low income households.

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