Investing in people
The ESF is Europe’s main tool for promoting employment and social inclusion – helping people get a job (or a better job), integrating disadvantaged people into society and ensuring fairer life opportunities for all.
It does this by investing in Europe’s people and their skills – employed and jobless, young and old.
Every year, the Fund helps some 10 million people into work, or to improve their skills to find work in future.
This is important:
- in the short term – to mitigate the consequences of the current economic crisis, especially the rise in unemployment and poverty levels;
- in the longer term – as part of Europe’s strategy to remodel its economy, creating not just jobs, but an inclusive society.
For sixty years now, the European Commission has been working in partnership with the Member States to give people the opportunity to improve their job prospects. Throughout 2017, the 60th anniversary of the ESF is commemorated in many regional and national events.
Funding & objectives in 2014-20
In this period, the ESF will provide some €80 billion (in current prices) in funding to:
- train people and help them get into work
- promote social inclusion
- improve education & training
- improve the quality of public services in your country.
Who does what?
The ESF strategy and budget are negotiated and decided on jointly by EU governments, the European Parliament and the Commission.
Its 7-year operational programmes are planned by governments and approved by the European Commission.
Funding is given to a wide range of organisations – public bodies, private companies and civil society – which give people practical help to find a job, or stay in their job.