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The Employment and Social Developments in Europe (ESDE) 2015 review reveals further positive employment and social developments in the EU. However, despite recent improvements huge disparities still exist between Member States, in terms of economic growth, employment and other key social and labour market indicators. Many of these disparities are linked to an underutilisation of human capital on several fronts.
Labour markets and social indicators in the EU continue to gradually improve, benefitting from the strengthening in economic activity, according to the latest edition of the Employment and Social Situation Quarterly Review.
Countries providing high quality jobs and effective social protection and investing in human capital have proved to be more resilient to the economic crisis. This is one of the main findings of the 2014 Employment and Social Developments in Europe Review, which has looked back to the legacy of the recession.
The economic recovery which started in the EU in the spring of 2013 remains subdued and recent GDP forecasts for the EU have been revised down.
The European Commission and the World Bank have recently unveiled a report profiling the unemployed and inactive populations in six EU countries (Estonia, Lithuania, Romania, Hungary, Bulgaria and Greece).
The economic recovery which started in the spring of 2013 remains fragile and future employment developments remain uncertain, according to the European Commission's latest Employment and Social Situation Quarterly Review.
The EU labour market is gradually recovering and, for the first time since 2011, GDP, employment and household incomes are growing. However, long-term unemployment is still increasing and the situation of households with low incomes has not improved.
The recent economic recovery has not yet been able to create new jobs and the social situation in the EU shows little signs of improvement so far, according to the European Commission's latest Employment and Social Situation Quarterly Review.
A significant increase in poverty among the working age population is one of the most tangible social consequences of the economic crisis. A gradual reduction of unemployment levels may not be enough to reverse this situation if wage polarisation continues, notably due to a rise in part-time work.
There are signs of fragile economic recovery, but economic growth is unlikely to be sustained unless it is inclusive and job rich, especially while labour market and social conditions remain extremely challenging and divergence between countries is growing, according to the September special edition of the EU Employment and Social Situation Review.