How Can Europe Create Jobs ?

12-04-2010

The scale of the employment challenge requires the following changes in the political priorities for the next period, which should be particularly considered in the framework of the European Recovery Plan and the EU2020 Strategy : a/ It is not enough to activate the labour supply, it is necessary to activate the labour demand. This means avoiding a premature withdrawal of the fiscal stimulus and re-directing it to support investment and job creation. A new pro-active approach is necessary in this public support, by a better combination between innovation and employment policies focusing on new activities, jobs and skills. Finally, new financial means should be developed and the financial system should be reformed in order to work for sustainable growth, productive investment and job creation; b/ A major process of re-skilling the European labour force should be organized creating a permanent and inclusive system for lifelong learning at European scale; c/ Only under these conditions, it is possible to develop flexicurity principles in order to support the vast professional transitions which will take place in the European labour market over the next years.

The scale of the employment challenge requires the following changes in the political priorities for the next period, which should be particularly considered in the framework of the European Recovery Plan and the EU2020 Strategy : a/ It is not enough to activate the labour supply, it is necessary to activate the labour demand. This means avoiding a premature withdrawal of the fiscal stimulus and re-directing it to support investment and job creation. A new pro-active approach is necessary in this public support, by a better combination between innovation and employment policies focusing on new activities, jobs and skills. Finally, new financial means should be developed and the financial system should be reformed in order to work for sustainable growth, productive investment and job creation; b/ A major process of re-skilling the European labour force should be organized creating a permanent and inclusive system for lifelong learning at European scale; c/ Only under these conditions, it is possible to develop flexicurity principles in order to support the vast professional transitions which will take place in the European labour market over the next years.

Externe Autor

Maria João Rodrigues (Lisbon University Institute - IUL-ISCTE ; Institute of European Studies of the Université Libre de Bruxelles - ULB)