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Social Agenda – The EU's missing entrepreneurs

19/06/2014 Social Agenda – The EU's missing entrepreneurs

Issue 37 of the Social Agenda focuses on the new European Social Fund and on the European Globalisation Adjustment Fund 2014-2020.

Through the European Social Fund, more than €80 billion will be invested in Europe's people over the next 7 years. Self-employed, temporary workers and fixed-term workers can now also benefit from the European Globalisation Adjustment Fund 2014-2020 when they have lost their jobs as a result of major structural changes in world trade patterns due to globalisation.

In addition, it underlines that governments should make it easier for under-represented and disadvantaged people - the EU's missing entrepreneurs - to create businesses.

It explains how the European Commission and the Organisation for Economic Co-operation and Development have joined forces to bring dispersed data together, organise capacity-building seminars and put forward recommendations.

This issue also includes the following topics:

  • how to take part in the public on-line consultation on the EU's 2010-2020 growth and jobs strategy, coming up for mid-term reviewing;
  • how to improve the quality of traineeships;
  • how to anticipate and better manage restructuring (in both the public and private sectors).

Statistics contained in Social Agenda 37

■ Only to get back to pre-crisis employment levels, the EU needs to create 4 million jobs.

■ In 2013, there were 216.4 million people in employment in the EU, including 43.7 million part-time workers of which 9.9 million (23% of part-time workers) were under-employed. There were also 26.2 million people unemployed and 137.2 million economically inactive.

■ 4 million people should benefit from non-financial material assistance (food, clothing, shoes, soap, shampoo…) via the new EU Fund for European Aid to the Most Deprived in the next 7 years.

 ■ The portal of the EURES pan-European on-line jobs agency has jumped from 175 000 registered jobseekers in 2007 to 1 100 000 in 2013, however, containing only around 30% of the national pools of vacancies.

■ At present, about 700 000 people move annually from one EU country to another and about 2.9 million EU citizens would ideally like to do so.

■ More than 16 000 restructuring operations have taken place since 2002 in the EU, with a net job loss of over 2 million. The European Commission has put forward guidelines to better anticipate and manage restructuring.

■ The unemployment rates in general and those for youth unemployment in particular have been diverging in the EU countries since 2008. There is greater divergence within the euro area, compared to the EU as a whole.

■ The annual report on the European Globalisation Adjustment Fund (EGF) for 2012 shows that half of the workers who participated in the 41 EGF cases covered in the report had found new jobs or were self-employed by the end of the EGF assistance period, while many more were in education or training to increase their future employability.

■ One in three traineeships is sub-standard in the EU with regard to working conditions or learning content. 45% of respondents to a Eurobarometer survey (April-May 2013) on the experience of trainees in the EU, have done one or even multiple traineeships. Only 27% of the respondents were offered an employment contract at the end of their traineeship, while 23% were offered to renew their traineeship.

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