Job Market Monitor
European Union
EU Staff / 2,500 jobs to go in austerity deal
Two thousand five hundred EU officials are set to lose their jobs in the next four years as part of new austerity measures for EU institutions Continue reading
The entry of Croatia into the EU / A selection of indicators
On the occasion of the entry of Croatia into the EU on 1 July 2013, Eurostat, the statistical office of the European Union, publishes a selection of economic and social indicators drawing a portrait of the new Member State Continue reading
Eurozone / Unemployment hits record high
Unemployment across the 17 eurozone states hit an all-time high in May Continue reading
Germany / A call for An United European Labor Market
German Labor Minister Ursula von der Leyen said she’ll push to create a Europe-wide labor market with common training, mutually recognized qualifications and language classes Continue reading
Nestle / Help for 20,000 young European to find jobs
Nestle, the world’s biggest food company and a major employer in Europe, plans to recruit 20,000 young people as the continent grapples with a youth unemployment crisis that is sapping consumer confidence Continue reading
Europe Summit / Youth unemployment / Is a guarantee of a job, training or apprenticeship enough ?
While the EU agreed in April to re-target 6 billion euro to offer a “guarantee” of a job, training or apprenticeship within four months of someone becoming unemployed or leaving formal education, many think the measure alone isn’t sufficient enough Continue reading
Vocational graduates enjoy a faster transition to work and are more likely to have a permanent first job finds research
Vocational graduates enjoy a faster transition to work, are more likely to have a permanent first job, and are less likely to find a first job with a qualification mismatch Continue reading
Europe / Sharing Jobs by Early Retirement to Help the Young
In the search for solutions to Europe’s youth unemployment crisis, governments are blowing the cobwebs off a decades-old idea that many economists had hoped would remain in the attic for good. Governments are considering using money from the European Union budget to fund early retirement for older workers. The idea is to free up positions … Continue reading
Germany / EU immigrants leave within a year
Although Germany may be the destination of choice for many immigrants looking for work, most who come here from crisis-hit European countries stay for less than a year, according to new figures. Even though the employment situation in countries such as Greece and Spain has not improved, most of those who head to Germany soon … Continue reading
Swiss / Influx of Skilled EU Workers Good for the Economy says Zurich-based KOF
The strong inflow of immigrants into Switzerland in the decade through 2011 helped boost the Alpine country’s economy and hasn’t led to local workers being squeezed out of the labor market, according to a study by the KOF economic institute. “On the contrary, the influx of foreign workers into Switzerland since 2002 has reduced unemployment … Continue reading
Europe / Framework of Actions on Youth Employment presented
At a press conference, on 11 June 2013, ETUC, BUSINESSEUROPE, UEAPME and CEEP presented their Framework of Actions on Youth Employment, resulting from social dialogue negotiations. With youth unemployment rates currently at 24.4% in the euro area and 23.5% in the EU27, urgent and determined action is needed. Europe cannot afford such a waste of … Continue reading
Euro zone’s Youth Unemployment : Germany, France, Italy and Spain to discuss in Rome on June 14
The finance and labour ministers of Germany, France, Italy and Spain will meet in Rome on June 14 to discuss how to tackle youth unemployment, the Italian prime minister’s office said. The issue is high on the agenda of a European Union summit taking place in Brussels on June 27-28. Chosen excerpts by Job Market … Continue reading
Europe / Record Unemployment rate as Youth Unemployment rose by 188 000 in the euro area
The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in April 2013, up from 12.1% in March. The EU271 unemployment rate was 11.0%, unchanged compared with the previous month4. In both zones, rates have risen markedly compared with April 2012, when they were 11.2% and 10.3% respectively. These figures are published by Eurostat, the statistical … Continue reading
Greece, Spain and Portugal / The Limits to the Unemployment Benefit Safety Net
Unemployment benefits are one of the safety nets available for people affected by the economic crisis in Greece, Spain and Portugal. This system — along with other social benefits such as pensions and increased remittance inflows from family members abroad, as well as aid from family members at home and, to some extent, informal economic activities — is somewhat … Continue reading
(Update ) EU Youth Unemployment / Germany and France meet today
Germany sees revolution if welfare model scrapped German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, while abandoning the continent’s welfare model in favour of tougher U.S. standards would cause “revolution”. Germany, along with France and Italy, backed urgent action to rescue a … Continue reading
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