07 The Employment Policy in European Union

Abstract

An important component of the approach that we have initiated is the study on employment and
labor relations in the European Union through the chapter " Employment Policy in the European
Union". The crystallization of the European efforts in the field of employment was due to social
policy crisis that has manifested especially in the mid- '90s, when unemployment reached over 10 %
in the European Union, with a significant impact on social policy. The modernization of the
economies and the manufacturing technology has led to the emergence of surplus labor which has
necessitated the development of new strategies to boost employment in the EU, the involvement of
local authorities in the creation of new jobs, but simultaneously with the establishment of a
financing instrument for this process: the European Social Fund, the issues presented throughout
this paper.