On 14th-15th October 2016, ADEMU held a workshop at the European University Institute. The goal of the workshop was to discuss ongoing research on potential changes in job creation, job destruction and productivity growth rates during the Great Recession and its aftermath. In addition, it looked at how product and labour market institutions affect the development of trends and business cycle fluctuations of those variables and, in doing so, analysed how they may have impinged on workers’ transitions flows between employment, unemployment and non-participation.