European Social Fund helped almost 10 million Europeans find a job

The report was conducted between 2007 and 2014

European Social Fund helped almost 10 million Europeans find a job

File photo | Image: RollingNews.ie

The European Commission recently published an evaluation report of investments under the European Social Fund (ESF) during the 2007-2013 period.

The report found that by the end of 2014, at least 9.4m European residents found a job with support from the Fund. 8.7m also gained either a qualification or certificate. Other positive results, such as increased skills levels, were reported by 13.7m participants.

According to the evaluation, between 2007-2014, the European Social Fund provided essential support to implementing national and EU priorities for smart, sustainable and inclusive growth, including the Europe 2020 targets and country-specific recommendations in the framework of the European Semester.

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."

Participants in ESF-actions were evenly spread between the inactive (36%), the employed (33%) and the unemployed (30%). Key target groups included the low-skilled (40%), young people (30%) and the disadvantaged (at least 21%). Women made up 51.2m of the participants.