Report
Unemployment is a microeconomic and not macroeconomic problem
For OECD countries, we compare the unemployment rate and: Macroeconomic variables: growth, trend in labour costs, weight of industry in the economy, weight of companies' social contributions; Microeconomic variables: labour force skills, education system efficiency, capital modernisation. We see that microeconomic variables are markedly better able to explain unemployment than macroeconomic variables.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.