Research Project Reports | May 2015
Responding to the Unemployment Challenge: A Job Guarantee Proposal for Greece—An Addendum
This addendum to our June 2014 report, “Responding to the Unemployment Challenge: A Job Guarantee Proposal for Greece,” updates labor market data through 2014Q3 and identifies emerging employment and unemployment trends. The overarching aim of the report, the outcome of a study undertaken in 2013 by the Levy Institute in collaboration with the Observatory of Economic and Social Developments of the Labour Institute of the Greek General Confederation of Labour, is to provide policymakers and the general public research-based evidence of the macroeconomic and employment effects of a large-scale direct job creation program in Greece, and to invite critical rethinking of the austerity-driven macro policy instituted in 2010 as a condition of the loans made to Greece by its eurozone partners.
Direct job creation Employer of Last Resort (ELR) policy Employment guarantee Employment policy Eurozone debt crisis Greece Greek economic crisis Job guarantee Labor markets Public service jobs