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Regional labour market developments during the great financial crisis and subsequent recovery

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"This box examines regional developments in labour input within the euro area from 2007, the peak in economic activity before the global financial crisis, until 2018. It uses the regional labour market indicators available from the Annual Regional Database of the European Commission (ARDECO).[1] For the purposes of comparison, we divide regions into four distinct groups (or quartiles) according to the 2007 GDP per capita distribution in each country (see Figure A). These groups are fixed over time."

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