Ways of reduction of the unemployment in the European Union
The Employment, Social Affairs and Inclusion Department of European Commission held a regular meeting on 14-15 March, 2013 on the following agenda: “Ways of reduction of the unemployment in the European Union.”
Countries, which participated in the meeting: the Republic of Austria, the Kingdom of Belgium, the Republic of Bulgaria, the Kingdom of Denmark, the Republic of France, the Federal Republic of Germany, the Hellenic Republic, the Republic of Ireland, the Republic of Italy, the Kingdom of the Netherlands, the Republic of Poland, the Portuguese Republic, the Kingdom of Spain, the Kingdom of Sweden, the United Kingdom.
The aims of the meeting were set about the following:
- to discuss and find solutions concerning the worsening of situation in the labor market across the EU in general as well as in distinct countries;
- to consider the ways of reformation of member-countries labor policy;
- to work on the decisions concerning the potential of job creation in some key sectors (eco-industry, healthcare, ICT);
- to review EU Youth Policy and elaborate new measures to improve its’ efficiency.
Recent developments in unemployment at a European and Member State level.
The eurozone unemployment rate rose to 11.8% - the highest rate on record according to official figures out today. The latest figures from Eurostat, the statistical office of the European Union, also show the EU27 unemployment rate stood at 10.7%. The latest release shows that 26.06m people in the whole European Union were unemployed in November 2012 - an increase of 154,000 people on the previous month.
Once again the highest rate was seen in Spain at 26.6% followed by Greece at 26% (recorded for September 2012). According to Eurostat, the unemployment rate increased in 18 of the EU member states, fell in seven and remained stable in both Denmark and Hungary. Unemployment trends.
Employment growth has consistently decreased both at EU level and across Member States, with the exception of 2010. Since the mid-2011 Europe as a whole has gone back to negative employment growth rate values. This is the net result of the declining trend of job findings (unemployed getting into jobs) and increasing trends in job separations, calling for policies to stimulate labor demand and a more jobs-rich growth pattern.
Youth unemployment trends.
Youth unemployment rates are generally much higher than unemployment rates for all ages. High youth unemployment rates do reflect the difficulties faced by young people in finding jobs. The youth unemployment rate in the EU-27 was around twice as high as the rate for the total population throughout the last decade. Across the EU, more than half of young people dropping out of school are unemployed. Early school leaving remains more frequent among young people from disadvantaged backgrounds, among migrants and ethnic minorities such as Roma and among boys.