The EIB and MicroBank have signed a €100 million loan that MicroBank will top up with a further €100 million to provide microloans to small businesses and self-employed individuals wanting to launch or expand their businesses. The transaction will boost job creation, especially among young entrepreneurs in need of liquidity to turn their ideas into business […]
Read MoreEuropean Commission publishes analysis on social convergence in Spain in the context of the European Semester
The Commission has published a detailed country analysis on employment, skills and social inclusion for Spain and six other Member States (Bulgaria, Estonia, Italy, Lithuania, Hungary and Romania), detailing the results of the social convergence framework. This more detailed analysis is based on the findings of the Joint Employment Report 2024, which includes the first […]
Read MoreCommission launches first-stage consultation of social partners on fair telework and the right to disconnect
The Commission launched the first-stage consultation of European social partners to gather their views on the possible direction of EU action on ensuring fair telework and the right to disconnect. Telework has become widespread, especially since the COVID-19 pandemic. The EU Labor Force Survey shows that the overall proportion of people working from home in the EU has almost doubled […]
Read MoreEuropean Parliament approves new rules to improve working conditions for delivery drivers and other employees of digital platforms
On Wednesday, MEPs approved new rules aiming to improve the working conditions of platform workers. The new rules, agreed on by the Parliament and the Council in February and adopted with 554 votes in favour, 56 votes against and 24 abstentions, aim to ensure that platform workers have their employment status classified correctly and to correct bogus […]
Read MoreAccording to Eurostat, Spain is the country with the highest overqualification rate in the EU
In 2023, the EU over-qualification rate was 22%, with 21% for men and 23% for women. Over-qualification is when people with tertiary education are employed in occupations that do not require such a high level of education. Among the EU countries, the over-qualification rate was highest in Spain (36%), followed by Greece (31%) and Cyprus […]
Read MoreNew EU funding for ideas to reduce long-term unemployment
The Commission has launched a 23 million eurocall for proposals to help EU Member States develop new ways to combat long-term unemployment and facilitate people’s re-entry into the labour market. This was announced in the recent action plan to tackle labour and skills shortages in the EU. Through this call for proposals, funded under the […]
Read MoreEuropean Commission launches call for proposals for EU Agri-Food Chain Observatory
The European Commission has launched a call for applications to set up the EU Agri-Food Chain Observatory (“AFCO”). The creation of this Observatory, which will examine production costs, margins and commercial practices, was announced in mid-March as one of the measures to strengthen the position of farmers in the food supply chain and to reinforce […]
Read MoreThe European Commission acts to address the shortage of labor and qualified personnel
The Commission has presented an action plan to tackle labour and skills shortages and proposes to work together with Member States and social partners to address these issues over the coming months and years. The action plan is part of the EU’s strategy to boost its competitiveness and enhance its economic and social resilience. […]
Read MoreEuropean Commission takes action to improve the quality of traineeships in the EU
Quality traineeships can help young people gain practical work experience, learn new skills and eventually find a good quality job. For employers, they are an opportunity to attract, train and retain talent. A quality traineeship requires fair and transparent working conditions and an adequate learning content. The EU’s 2014 Quality Framework for Traineeships set out […]
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