The European Employment Strategy is the subject of controversial discussion. It is hard to find an economic … employment policies are almost negligible. In its latest communication, the European Commission fails to provide a masterplan for … employment policy responsibilities from the national to the EU level. But the EU labour market policy lacks appropriate …

This report discusses the role of the European Union's full employment objective in the conduct of the ECB’s monetary … policy. It first reviews a range of indicators of full employment, highlights the heterogeneity of labour market outcomes … determined by national economic policies. The report then recalls that, in many circumstances, inflation and employment move …