What is the European Social Fund?

Summary:

The European Social Fund is the European Union's main financial instrument for supporting the European Employment Strategy and investing in Europe's human capital. Created in 1957, the Fund supports measures to prevent and combat unemployment, to promote training and to improve the way the labour market functions. In partnership with the European Union Member States, the ESF aims to achieve a high level of employment, equality between men and women, sustainable development and economic and social cohesion.

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