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Nowadays, unemployment of young people becomes a crucial problem in European area, as well as worldwide. The Strategy Europe 2020 offers some options to decrease youth unemployment from macro perspective. The paper deals with general view on youth unemployment, including separately unemployment of males and females in age of 15 to 24 years. The paper analyses and compares youth unemployment for the both genders. The result is illustrated in the form of the panel regressions, with the respect to OkunВґs law. In ord...

In this paper the authors try to present the method PROMETHEE II (Preference Ranking Organization Method for Enrichment Evaluation), which they use for comparing the 27 European countries that are in the European Union. Authors focus on five chosen macroeconomic indicators: growth of GDP, unemployment, Harmonized Index of Customer Prices, expenditure on research and development, annual earnings. Using PROMETHEE II and the data of chosen indicators the authors create an absolute range of countries in the time of ec...