Employment in Western Europe* between the 1960s and early 1970s grew by approximately 0.3 percent, building on the rapid growth that was experienced in the previous decade; although growth was considerably lower due to the fact that overall employment was so high. Growth rates continued to fall throughout the 1970s, before the early 1980s saw negative growth (i.e. a rise in unemployment), following a series of economic crises in the Middle East that led to global recessions. The 1980s also saw governments implement stricter policies that prioritized stable employment and inflation rates, though these were often restricted economic growth when compared to the consistent growth experienced in the 1950s and 1960s; as a result of these policies, employment rates rose once again in the second half of the 1980s.
Change in employment in Western Europe over select time periods between 1960 and 1990
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Routledge. (December 31, 1993). Change in employment in Western Europe over select time periods between 1960 and 1990 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/
Routledge. "Change in employment in Western Europe over select time periods between 1960 and 1990." Chart. December 31, 1993. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/
Routledge. (1993). Change in employment in Western Europe over select time periods between 1960 and 1990. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/
Routledge. "Change in Employment in Western Europe over Select Time Periods between 1960 and 1990." Statista, Statista Inc., 31 Dec 1993, https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/
Routledge, Change in employment in Western Europe over select time periods between 1960 and 1990 Statista, https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/ (last visited November 03, 2024)
Change in employment in Western Europe over select time periods between 1960 and 1990 [Graph], Routledge, December 31, 1993. [Online]. Available: https://www.statista.com/statistics/1235039/west-europe-employment-change-by-period-1960-1990/