The new report underlines how young people have borne the brunt of the crisis, with unemployment disproportionately hitting 15-24 year olds and reaching over 30% in some countries.
23 million people are currently unemployed across the EU - 10% of the active population - with serious consequences for European growth and welfare systems. At the same time, some employers are reporting difficulties in recruiting, especially for high-skill jobs.
The Commission's 5th Report on Economic, Social and Territorial Cohesion shows that the EU's cohesion policy has made a significant contribution to growth and prosperity and promoting balanced development across the Union.
The European Commission has approved today an application from Spain for €382,200 of assistance from the European Globalisation adjustment Fund. The application was submitted after 515 employees involved in the production of electrical equipment for cars were made redundant by Lear Automotive in Roquetes, the county of Baix Ebre in Catalonia.
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund. The €114 250 requested by the Polish authorities will help 189 former workers of H.Cegielski-Poznań and four of its suppliers from the shipbuilding industry find a job.