The Greek Great Depression (2008 to date) has had profound consequences on labour market inequalities by producing mass unemployment of historical dimensions and radical changes in industrial relations. By investigating only the effect of the latter on inequalities among employees, the chapter has found that the dismantling of collective bargaining and ‘imposed flexibility’ have reduced traditional differences in employment and working conditions between large and small firms, formal and informal sectors and reinforced those between young and older workers. As regards the public–private divide, inequalities in employment security and working conditions have been amplified, while wage inequalities have narrowed given the huge cuts imposed on public sector wages in 2010–11. Wage devaluation in the private sector since 2012 has reversed the trend but has failed to contribute to the creation of a sustainable growth pattern which requires a multi-level social dialogue framework to promote productivity and investment in quality production.
Philip J. O’Connell
Philip J. O'Connell and Frances McGinnity
Klaus Schomann and Philip J. O'Connell
Transitional Labour Markets in the European Union
Edited by Klaus Schömann and Philip J. O’Connell
Education and training are of critical importance to individual employment prospects. This book questions whether the policies that govern education, training and employment actually facilitate or inhibit social integration. The authors analyse initial entry into the labour market and subsequent movements between employers, and explore links between education, training and the labour market. The book argues that although education is a good predictor of labour market integration and employment potential, and despite political efforts, social background nevertheless remains influential. The importance of continued training to improve opportunities for promotion is also demonstrated.