The 2017 edition of Employment and Social Developments in Europe (ESDE) review

Photo: Folio

On 17 July, the Commission published the 2017 edition of its yearly Employment and Social Developments in Europe (ESDE) review. This year’s edition confirms positive labour market and social trends and continued economic growth. With over 234 million people having a job, employment has never been as high as today in the EU and unemployment is at its lowest level since December 2008. But looking beyond the overall social and economic progress, evidence shows that there is a particularly high burden, exacerbated by demographic ageing, on younger generations: they tend to have more difficulties in finding a job, are more often in non-standard and precarious forms of employment and are likely to receive lower pensions, relative to wages. This is why the 2017 ESDE review focuses on intergenerational fairness: we need to make sure that all generations benefit from the current positive economic trends and that young people in Europe will have at least the same opportunities as their parents.

2017 Employment and Social Developments in Europe review