“Focusing exclusively on growth and assuming that its benefits will automatically trickle down,” the report says, “may undermine growth in the long run.” But, policies that help in “limiting or—ideally—reversing the long-run rise in inequality would not only make societies less unfair, but also richer.” Specific policies discussed include “raising marginal tax rates on the rich … improving tax compliance, eliminating or scaling back tax deductions that tend to benefit higher earners disproportionately, and … reassessing the role of taxes on all forms of property and wealth.”
All EU countries have presented comprehensive Youth Guarantee Implementation Plans, complying with the deadlines set by the European Council.
The plans identify precisely the measures to be taken to implement the Youth Guarantee. They outline the timeframe for youth employment reforms and measures, the roles of public authorities and other organisations, and how it will be financed.
Please see the country fiches for a detailed assessment of the Youth Guarantee implementation in each country.
Canadian tradesmen from a huge oilsands construction project are waving a red flag about safety hazards and near misses, which they blame on the use of foreign workers who aren’t qualified and can’t speak English.
“When you bring in a bunch of workers who are unqualified to do this job it’s only a matter of time before you kill someone,” said Les Jennings, who was an ironworker supervisor at the Husky Sunrise plant until a few weeks ago, when he quit in frustration.
Youth unemployment has been Europe’s most pressing issue over the past years. What is your assessment of the situation?
I think the role the EU can play here is helping bring growth back. I think the only way and the best way Europe can do this is by developing a single market. The single market has been a success and needs to be developed further.
But I don’t think that social mechanisms or structural funds will help anything. 28 different countries have been hit differently by the crisis and I think the way out must be an individual solution for each country. A European solution is not the good approach; it needs to be dealt with in different ways.
So programmes like the Youth Employment Initiative (YEI) are not helping Danish youngsters who are looking for a job?
I haven’t heard of anyone using the programme. I think things like the Guarantee schemes only work if you have you can turn it into something of value and I don’t think that is the case with these structures. I think it is more of a politician’s solution to say they’ve done something.
Would I end the programmes? Well, I think it is always a good goal for politicians that we have to find ways to increase jobs. I just don’t believe that it is a politician’s job to actually create jobs. That is up to the private sector. The only way to create this is to have a healthy private sector.
“The most important reason for the persistently weak economic activity in Italy,” Mr. Wagner said, “are the country’s enormous structural problems, such as the rigid labor market, wages that are rising too quickly, high taxes for businesses and inefficient public administration.”
But more than the rest of Europe, its healthy economy needs additional workers, especially for jobs requiring high levels of training and education, a problem likely to be exacerbated in the long run by its low birthrate. Right now Germany is trying to fill 117,000 jobs in science, technology and engineering, a gap that may widen to as many as one million by 2020, according to the Cologne Institute for Economic Research.
… York University’s bridging program for internationally educated professionals (IEPs). The innovative 18-month certificate program helps immigrants trained abroad adjust to Canadian business culture, and find employment that matches their credentials and experience.