Labour markets and social policy
EU labour markets are characterised by a number of structural weaknesses, not least an entrenched problem of unemployment. Whilst there have been some improvements, some groups in society, such as women, young people or older workers, continue to be under-represented in employment. There are also new challenges such as a growing skills gap and reaping the benefits of digitalisation of the economy.
The performance of labour markets differs between EU countries and regions, which is negatively affecting economic and social cohesion both within and between EU member states. Companies still face challenges in terms of unnecessary rigidities in labour law, excessively high non-wage labour costs. Structural weaknesses are also caused by a mismatch between the skills provided by education and training and those needed on the labour markets.
BusinessEurope calls for reforms which encourage companies to create jobs, motivate people to work. Improving learning outcomes in line with labour market needs is another key challenge on European labour markets.
Publications
| Press releases | Date | |
|---|---|---|
| European business: Solid economic recovery is key for a social Europe | 07/05/2021 | |
| EU Pillar of Social Rights: We need a trust-based social partnership | 04/03/2021 | |
| EU can only deliver for people if the economy works well | 14/01/2020 |
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