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European Globalisation Adjustment Fund
The European Globalisation Adjustment Fund for Displaced Workers (EGF) was set up by the European Union in late 2006 to support to workers (not companies or institutions) who have been made redundant as a result of trade liberalisation, so that they can either remain in employment or find a new job quickly. It provides counselling; job search and mobility allowances; new ICT skills and other forms of training; entrepreneurial support, including micro-credits. Since 2007 EGF has received more than 100 applications from 20 EU member states for programs that would support more than 100,000 workers who either lost their jobs due to globalization (56%) or as a result of the global economic and financial crisis (44%). The hardest-hit industries were in automobile manufacturing (22.5%), machinery and equipment (13.5%), textile and apparel (12%), computers, mobile phones and ICT (11.6%) and construction (9.6%). Conditions for assistance The Fund is activated upon request of a member s ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agree ...
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Social Protection
Social protection, as defined by the United Nations Research Institute for Social Development, is concerned with preventing, managing, and overcoming situations that adversely affect people's well-being. Social protection consists of policies and programs designed to reduce poverty and vulnerability by promoting efficient labour markets, diminishing people's exposure to risks, and enhancing their capacity to manage economic and social risks, such as unemployment, exclusion, sickness, disability, and old age. It is one of the targets of the United Nations Sustainable Development Goal 10 aimed at promoting greater equality. The most common types of social protection *Labor market interventions are policies and programs designed to promote employment, the efficient operation of labor markets, and the protection of workers. *Social insurance mitigates risks associated with unemployment, ill-health, disability, work-related injury, and old age, such as health insurance or unemployment ...
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European Social Fund
The European Social Fund Plus (ESF+) is one of the European Structural and Investment Funds (ESIFs), which are dedicated to improving social cohesion and economic well-being across the regions of the Union. The funds are redistributive financial instruments that support cohesion within Europe by concentrating spending on the less-developed regions. It is the European Union's main financial instrument for supporting employment in the member states of the European Union as well as promoting economic and social cohesion, created by merging the existing European Social Fund with the EU Fund for European Aid to the Most Deprived (FEAD) and the EU Programme for Employment and Social Innovation (EaSI) in 2021. ESF+ spending amounts to around 10% of the EU's total budget. The particular aim of ESF+ spending is to support the creation of more and better jobs in the EU, which it does by co-funding national, regional and local projects that improve the levels of employment, the quality o ...
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Directorate-General For Employment, Social Affairs And Equal Opportunities (European Commission)
The Directorate-General for Employment, Social Affairs and Inclusion (DG EMPL) is a Directorate-General of the European Commission. It was formerly known as the Directorate-General for Employment, Social Affairs and Equal Opportunities. The Directorate-General for Employment, Social Affairs and Inclusion has the task of contributing to the development of a modern, innovative and sustainable European social model with more and better jobs in an inclusive society based on equal opportunities. Structure The Directorate-General is organised into 8 directorates: * Directorate A: European Pillar of Social Rights and Strategy * Directorate B: Jobs and Skills * Directorate C: Working Conditions and Social Dialogue * Directorate D: Social Rights and Inclusion * Directorate E: Labour Mobility and International Affairs * Directorate F: Employment and Social Governance & Analysis * Directorate G: Funds Programming and Implementation * DAC: Joint Audit Directorate for Cohesion Buying Social D ...
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European Commissioner For Employment, Social Affairs & Equal Opportunities
The Commissioner for Jobs and Social Rights is a member of the European Commission. The position was previously titled as the ''Commissioner for Employment, Social Affairs, Skills and Labour Mobility'' until 2019. The portfolio is responsible for matters relating to employment, social affairs, skills and labour mobility. It also includes the coordination of the European Social Fund (ESF), the European Globalisation Adjustment Fund (EGF) and the management of the EU Programme for Employment and Social Innovation (EaSI), which brings together three EU programmes since 2014, namely EURES, PROGRESS and Progress Microfinance. List of commissioners See also * Directorate-General for Employment, Social Affairs and Equal Opportunities * European Social Fund * European Year of Equal Opportunities for All The European Year of Equal Opportunities for All was held in 2007. This designation was made on 31 May 2005 by the European Commission's Directorate-General for Employment, Social Aff ...
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European Parliament
The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts European legislation, following a proposal by the European Commission. The Parliament is composed of 705 members (MEPs). It represents the second-largest democratic electorate in the world (after the Parliament of India), with an electorate of 375 million eligible voters in 2009. Since 1979, the Parliament has been directly elected every five years by the citizens of the European Union through universal suffrage. Voter turnout in parliamentary elections decreased each time after 1979 until 2019, when voter turnout increased by eight percentage points, and rose above 50% for the first time since 1994. The voting age is 18 in all EU member states except for Malta and Austria, where it is 16, and Greece, where it is 17. Al ...
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Structural Funds And Cohesion Funds
The European Structural and Investment Funds (ESI Funds, ESIFs) are financial tools governed by a common rulebook, set up to implement the regional policy of the European Union, as well as the structural policy pillars of the Common Agricultural Policy and the Common Fisheries Policy. They aim to reduce regional disparities in income, wealth and opportunities. Europe's poorer regions receive most of the support, but all European regions are eligible for funding under the policy's various funds and programmes. The current framework is set for a period of seven years, from 2021 to 2027. Overview Five ESIFs currently exist, they are: *under the Cohesion Policy: **the European Regional Development Fund (ERDF) **the Cohesion Fund (CF) **the European Social Fund Plus (ESF+) *under the Common Agricultural Policy (CAP): **the European Agricultural Fund for Rural Development (EAFRD) *under the Common Fisheries Policy (CFP): **the European Maritime, Fisheries and Aquaculture Fund ...
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Unemployment Benefits
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English unemployment benefits are also colloquially referred to as "the dole"; receiving benefits is informally called "being on the dole". "Dole" here is an archaic expression meaning "one's allotted portion", from the synonymous Old English word ''dāl''. History The first modern unemployment ...
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Outplacement
Outplacement is a support service provided by some organizations to help former employees transition to new jobs. A consultancy firm usually provides the outplacement services which are paid for by the former employer and are achieved usually through practical advice, training materials and workshops. Some organizations offer psychological support. Outplacement is either delivered through individual one-on-one sessions or in a group format. Topics include career guidance, career evaluation, job search skills, targeting the job market, resume writing, interview preparation, developing networks, and negotiation. Consultants support individuals seeking a new job, and also those looking to start a new business, retire, or structure a portfolio of activities. Programs have time limits, ranging from a few months to more extended periods, such as 12 months and are offered at all levels of the organization, from workers to corporate employees. Outplacement provides former employees ...
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Trade Liberalisation
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are inte ...
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Retraining
Retraining or refresher training is the process of learning a new or the same old skill or trade for the same group of personnel. Retraining is required to be provided on a regular basis to avoid personnel obsolescence due to technological changes and the individuals' memory capacity. This short-term instruction course shall serve to re-acquaint personnel with skills previously learnt (recall to retain the potentials) or to bring their knowledge or skills up-to-date (latest) so that skills stay sharp. This kind of training could be provided annually or more frequently as maybe required, based on the importance of consistency of the task of which the skill is involved. Examples of refreshers are cGMP, GDP, HSE trainings. Retraining (repetition of a training conducted earlier) shall also be conducted for an employee, when the employee is rated as ‘not qualified’ for a skill or knowledge, as determined based on the assessment of answers in the training questionnaire of the empl ...
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Active Labour Market Policies
Active labour market policies (ALMPs) are government programmes that intervene in the labour market to help the unemployed find work. Many of these programmes grew out of earlier public works projects, in the United States particularly those implemented under the New Deal, designed to combat widespread unemployment in the developed world during the interwar period. Today, academic analysis of ALMPs is associated with economists such as Lars Calmfors and Richard Layard. Demand-side policies are policies used by the government to control the level of Aggregate demand (AD). Active labour market policies are prominent in the economic policy of the Scandinavian countries, although over the 1990s they grew in popularity across Europe. Notable examples include the New Deal in the UK and many welfare-to-work programmes in the US. Origins of ALMPs The first active labour market policy measures date back to 1951 with the creation of the Rehn-Meidner model in Sweden developed by two eco ...
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