New EU Employment Commissioner must eliminate labour market imperfections in order to boost job creation across Europe, Denis Pennel writes.
Marianne Thyssen, Europe’s newly-appointed Commissioner for Employment, Social Affairs, Skills and Labour Mobility, has no time to lose in maximising the potential to create jobs across Europe.
While the economic situation is improving slowly, the pre-crisis days of double-digit growth will not return any time soon, and the new Commissioner must introduce policies to drive job creation in the new reality of a low growth environment. A key opportunity is to iron out labour market imperfections and create a properly functioning employment market for all EU citizens. I see five areas where the new Commissioner could make a real difference: tackiling mismatches, increasing labour mobility, raising labour market participation, updating labour regulation, improve transparency!