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Integrated policies for jobs and growth can help defeat the crisis, says Andor

13/09/2010

László Andor, EU Commissioner for employment, social affairs and inclusion, today urged international policymakers meeting in Oslo to better coordinate economic, social and employment policies in order to guard against a recurrence of the recent global slowdown.

Addressing a joint meeting of the International Monetary Fund and International Labour Organisation on better integrating economic and employment policies at global level, Commissioner Andor said 2010 had been an "annus horribilis" for unemployment. "If we fail to act ... 2011 may still turn out to be the annus horriblis for social cohesion."

Commissioner Andor welcomed the recent consensus on macroeconomic cooperation reached by G20 leaders in Toronto, but called for international organisations to promote joint commitments on employment and social development alongside economic policies. A joint ILO-IMF discussion paper presented at the conference sets out a series of proposals in this direction.