| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/04/1136 (23.9.04) |
| Publication Date | 23/09/2004 |
| Content Type | News |
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The European Commission has released its 'Employment in Europe' report on 23 September 2004. Its conclusion is that the EU is falling short of its Lisbon employment targets for 2010 but with more labour-market reforms it can get back on track. The moderate recovery in economic growth in 2003 has not yet translated into more jobs in the EU. However, performances are mixed and some Member States have overtaken the US in creating jobs. The employment gap with the US in the services sector has narrowed but still shows a large job-creation potential. The enlarged EU is well placed to benefit from globalisation if it boosts its efforts, under the Employment Strategy, to apply the right mix of policies. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1136&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Employment and Social Affairs |
| Countries / Regions | Europe |