| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/16/3984 |
| Publication Date | 05/01/2017 |
| Content Type | News |
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Summary: On the 5 January 2017, the European Commission published an evaluation report of investments under the European Social Fund (ESF) during the 2007-2013 period, with specific reports for each Member State. The report showed that by the end of 2014, at least 9.4 million European residents found a job with support from the Fund. 8.7 million gained a qualification or certificate. Other positive results, such as increased skills levels, were reported by 13.7 million participants. Member States benefited from significant additional financial resources under the ESF to address employment and social challenges, to reach people and set-up policies that otherwise would have had difficulty to find financial support. The ESF has played an essential role in supporting the modernisation of public employment services and other institutions responsible for active labour market actions. The ESF has also had a positive impact on GDP of EU28 (0.25% increase) and productivity, according to macroeconomic simulations. |
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Link to Main Source
http://europa.eu/rapid/press-release_IP-16-3984_en.htm
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| Subject Categories | Internal Markets |
| Subject Tags | Cohesion Policy |
| Keywords | European Social Fund [ESF] |
| International Organisations | European Union [EU] |
