Wednesday, January 11, 2012

EU calls for immediate action to drive down youth unemployment

EU calls for immediate action to drive down youth unemployment - Employment, Social Affairs & Inclusion - European Commission:

The main actions financed directly by the Commission in the new 'Youth Opportunities initiative' are:

  • using €4m to help Member States set up 'youth guarantee' schemes to ensure young people are either in employment, education or training within four months of leaving school;
  • dedicating € 1.3 million to support the setting up of apprenticeships through the European Social Fund. An increase of 10% by the end of 2013 would add a total of 370,000 new apprenticeships;
  • using €3m of the European Social Fund Technical Assistance to support Member States in the setting up of support schemes for young business starters and social entrepreneurs;
  • gearing funds as much as possible towards placements in enterprises and targeting at least 130,000 placements in 2012 under ERASMUS and Leonardo da Vinci,
  • providing financial assistance in 2012-2013 to 5,000 young people to find a job in another Member State through the 'Your first EURES job' initiative
  • reinforcing the budget allocation for the European Voluntary Service in order to provide at least 10,000 volunteering opportunities in 2012
  • presenting in 2012 a framework for high quality traineeships in the EU
  • ensuring around 600 further exchanges under Erasmus for entrepreneurs in 2012.

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Here is the link to

Monster Employment: December 2011 Index Highlights

European Online Recruitment Registers Annual Growth of
11%, According to the Monster Employment  Index

The detailed report (.pdf) can be found here

December 2011 Index Highlights:
• The Monster Employment Index Europe demonstrates a year-over-year growth of 11 percent in December,
the slowest rate of growth seen in the Index since mid- 2010
• Germany continues to report the strongest growth trend of 32 percent, followed by 6 percent growth in UK
and 4 percent in Sweden
• Belgium, France, Italy and Netherlands weigh down the Index with negative annual growth
Engineering, up 28 percent, continues to register the largest rate of annual growth of all industries and
leads for the fourth consecutive month despite a slightly eased pace from the 32 percent annual growth
recorded in November
• Telecommunications, Production and Environment, architecture and urbanism record positive growth in
Public sector, down 14 percent, continues to remain among the slowest growth industries. Legal and
Management and consulting also track annual rates of decline

For Country specific visit this link