The European Social Fund (ESF) has helped 10 million Europeans find a job
The European Commission has published an evaluation report of investments under the European Social Fund (ESF) during the 2007-2013 period, with specific reports for each Member State.
The report shows that by the end of 2014, at least 9.4 million European residents found a job with support from the Fund and 8.7 million gained a qualification or certificate.
Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue, said:
“Today’s report shows that the European Social Fund has, within 7 years, helped millions of Europeans find jobs, acquire extra skills and qualifications. The European Social Fund had an essential role in the functioning of labour markets in all Member States, it helped modernise employment services, supported education systems and general public administration, and supported the most disadvantaged in society. We should now build on this experience to invest in Europe’s human capital – workers, young people and all those looking for a job.”
Marianne Thyssen, Commissioner for Employment, Social Affairs, Skills and Labour Mobility, added:
“Today’s evaluation proves that the European Social Fund makes a real difference in the lives of Europeans. It is our main instrument to invest in human capital. Thanks to European support, millions of people have found a job, improved their skills or found their way out of poverty and social exclusion. It is solidarity at its best.”
The ESF is the EU’s oldest fund, created by the Treaty of Rome in 1957, and Europe’s main tool for investing in human capital, by promoting employment and social inclusion.