Politics & Policies

The implementation of a European unemployment insurance – A report

The implementation of a European unemployment insurance system could begin with the creation of a eurozone budget; a time-consuming but popular idea, according to the French Council of Economic Analysis.claim form

The idea of a common system of unemployment insurance within the eurozone is taking off. The need to strengthen the budgetary policy of the single currency area to cope with systematic shocks appears to come into direct conflict with member states’ reservations about further economic integration.

But the establishment of a common unemployment insurance scheme within the eurozone, with its own budget, could be the thread that binds the currency union together, deepening eurozone integration and giving it a real social dimension.

Chosen excerpts by Job Market Monitor. Read the whole story at  EU unemployment insurance would require full labour market integration – EurActiv.com

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