Flexicurity is an integrated strategy for enhancing, at the same time, flexibility and security in the labour market. It attempts to reconcile employers' need for a flexible workforce with workers' need for security – confidence that they will not face long periods of unemployment.
Common principles of flexicurity
Working with national governments, social partners and academics the EU has identified a set of common flexicurity principles and is exploring how countries can implement them through four components:
Council conclusions on the common principles of flexicurity (November 2007)
In the European Employment Strategy
Flexicurity is a crucial element of the Employment Guidelines and the European Employment Strategy as a whole. Integrated flexicurity policies play a key role in modernising labour markets and contributing to the achievement of the 75% employment rate target set by the Europe 2020 Strategy.
Measures taken or initiated in this context include:
Under the initiative "Mission for Flexicurity", EU representatives, together with the social partners visited 5 EU countries and discussed with them how they have been setting up and implementing flexicurity policies.