The European Globalisation Assistance Fund is effective for employabilityOctober 31, 2017
Hat: The European Globalisation Assistance Fund is effective for employability
Funding Scheme: 2017-10-31
Pgm2014 2020: Yes
A European Commission report for 2015-2016 showed that the European Globalisation Adjustment Fund has helped around 19,500 workers adapt to the changes caused by globalisation.
9,072 workers, or close to half of the workers who participated in the Globalisation Adjustment Fund measures, had found new jobs or were self-employed after one year, at the end of the implementation period of the measures. An additional 645 people were at that time in education or training to increase their future employability.
EU countries also reported that the personal situation, employability and self-confidence of the workers concerned had visibly improved thanks to the Globalisation Adjustment Fund assistance and services. This was even the case for those who had not found new work immediately after the end of the measures.
This proves once again that EU funding, such as the Globalisation Adjustment Fund, can make a difference, especially for the most vulnerable people in our societies.
Url description: DG EMPL