Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-316-002"

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"en.20121120.28.2-316-002"2
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". − I agree with the document because the current economic and financial crisis will have long-lasting effects not only on economic growth but also on employment rates, public savings and social investments in Europe. The majority of recent and current responses to the crisis are based on short-term goals aimed mainly at bringing back the sustainability of public finances, which is crucial to the EU economy. In this context we should, however, not neglect the negative effects that these austerity measures could have on employment and competitiveness in Europe and complete them with growth- and employment-friendly measures such as well-targeted social investments. Europe is facing extremely serious problems with youth unemployment, which together with ever more difficult school-to-work transition creates risks of detachment from the labour market and of losses of human capital in the longer term. Another pressing issue is the situation of low-skilled workers who face constantly decreasing labour demand due to the sectoral change towards higher technology and knowledge-intensive activities as well as the increasing number of people living in poverty and being at risk of social exclusion. It is imperative to respond to the above challenges with well-targeted social investments that aim at preparing individuals, families and societies to adapt to changing economic conditions and labour market demands. It is an important part of the European economic and employment policies and the EU’s responses to the crisis."@en1

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