This document is an excerpt from the EUR-Lex website
Glossary of summaries
Under the Treaty on the Functioning of the EU, the Union and EU countries must work towards developing a coordinated strategy for employment and promoting a skilled, trained and adaptable workforce responsive to changes in labour markets.
This is done mainly through the European Employment Strategy (EES) which fosters cooperation between countries, the coordination of national policies, and the participation of local authorities, unions, and employers’ organisations.
Financial support for employment policy is provided through various instruments, including the priorities of the European Social Fund which are part of the EES objectives.
The new Programme for Employment and Social Innovation (EaSI) 2014-2020 brings together 3 EU programmes managed separately between 2007 and 2013: PROGRESS, EURES and Progress Microfinance. The EaSI aims to encourage job mobility and provide targeted microfinance to the more vulnerable.