Page 45 - ePaper

Chapter 1: The legacy of the crisis: resilience and challenges

Chart 3: Real GDP growth, real Gross Disposable Household Income (GDHI) growth
and employment growth (No of persons employed), year-on-year change
EU-28 EA-17
10 10
8 6 Employment 8 6 Employment
GDHI
GDHI
% change on previous year -2 4 2 0 % change on previous year -2 4 2 0
GDP
GDP

-4
-6
-6 -4
-8 -8
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2007 2008 2009 2010 2011 2012 2013 2014 2007 2008 2009 2010 2011 2012 2013 2014

DE ES
10 10
8 8
Employment 6 4 Employment
GDHI
GDHI
% change on previous year -2 4 2 0 % change on previous year -2 2 0
6
GDP
GDP

-4
-6 -4
-6
-8 -8
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2007 2008 2009 2010 2011 2012 2013 2014 2007 2008 2009 2010 2011 2012 2013 2014

FR IT
10 10
8 6 Employment 8 6 Employment
GDHI
GDHI
% change on previous year -2 4 2 0 % change on previous year -2 4 2 0
GDP
GDP

-4
-6
-6 -4
-8 -8
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2007 2008 2009 2010 2011 2012 2013 2014 2007 2008 2009 2010 2011 2012 2013 2014
Source: Eurostat, National Accounts [namq_gdp_k, namq_aux_pem, nasq_nf_tr and namq_fcs_p] (DG EMPL calculations).

A strong and uneven impact in 2013. Chart 4 shows that, in two-2011. The impact was strongest (in
on unemployment thirds of EU countries, unemployment terms of percentage points) for the
increased mainly in the period up
young, the low-skilled and non-EU
For the EU as a whole, the unemploy- to 2010 but that in those countries foreign workers — groups that already
ment rate rose from 7.0 % in 2008 that experienced a double recession, faced higher risks of joblessness
to 9.6 % in 2010, reaching 10.8 % unemployment rose substantially after before the recession.

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