| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
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| Series Details | COM (2022) 483 |
| Publication Date | 27/09/2022 |
| Content Type | Report |
Summary:Report published by the European Commission on 23 September 2022, comprising the fourth bi-annual report on the European instrument for temporary Support to mitigate Unemployment Risks in an Emergency (SURE). Further information:The SURE instrument was established by Council Regulation (EU) 2020/672 to address the impact of the COVID-19 (coronavirus) pandemic and respond to its socio-economic consequences. This report is pursuant to Article 14 of that Regulation. This report is the fourth bi-annual report on SURE. It confirms and extends the findings of the three previous bi-annual reports, namely that SURE was successful in cushioning the impact of the pandemic and supporting the recovery in 2021. National labour market measures supported by SURE effectively protected around 1.5 million people from unemployment in 2020. The protection of employment was crucial to facilitate the rapid economic rebound in 2021, which was faster than in previous crises. SURE helped to enable this by financing schemes to allow firms to retain employees and skills, and to help the self-employed to be ready to resume their activities immediately, as well as by boosting confidence across the European Union (EU). |
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| Source Link |
Link to Main Source
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2022:483:FIN
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| Subject Categories | Economic and Financial Affairs, Employment and Social Affairs |
| Subject Tags | Labour Market |
| Keywords | COVID-19 (Coronavirus) |
| International Organisations | European Union [EU] |
