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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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
December
• 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