Systems Approach to Concept of Flexicurity

The growing complexity of problems solved in today´s European labor market forces us to change our views of the system; and requires the application of modern approaches, including systems theories. The main purpose of the paper is to analyze the flexicurity in a systematic manner. With a focus on systems approach to solving these problems (e.g. unemployment and long-term unemployment), we try to form a new framework for thinking about the European labor market. The further purpose of the paper is to confirm, or refuse, the hypothesis related to the intersection of an employment protection and a long-term unemployment. With the aid of causal loops it is possible to analyze the European labor market as a complex feed-back system. The outputs of the paper should be a contribution to the concept of the flexicurity which had been implemented into the more complex Lisbon Strategy, and for the support of systems thinking about the European labor market.