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As European economies slide into recession, companies face increasing financial difficulties as sales decline and prospects for a quick recovery recede. Consequently, a growing number of businesses are coming under threat, putting the jobs of more workers at risk. Already across Europe many companies have closed or reduced their scale of operations substantially and many jobs have been lost. This report examines the various measures being taken by governments and trade unions in different countries to try to maintain jobs, or at least to moderate the losses that occur.[Author vide Copyright]

Over the course of 2008 and 2009, the world economy experienced one of the most serious recessions in modern times. In July 2009, 22 million men and women were unemployed throughout Europe, five million more than a year previously. Moreover, the situation may well still have further to play out: experience of previous recessions suggests that the full effect of the downturn upon employment has yet to materialise. Eurofound’s analysis of restructuring and job loss over the past year is collated and reviewed in this, the fourth annual report of the European Restructuring Monitor. Analysing the effects of the recession upon employment, it also looks in detail how particular sectors, countries and occupations have been affected, and examines a range of responses that have been taken to safeguard employment - at the company, Member State and European level.[Author vide Copyright]

This paper aims to give a flavour of the latest developments across Europe and inform policy makers of topical issues. It will present measures taken in response to the recession (both employment market measures and financial stimulus packages), outline the extent of social partner involvement, and the actions taken so far by the social partners. According to the European Commission, there is still room for policy learning across Member States (European Commission, 2009c p. 42). The material for this report has been gathered mainly from Eurofound’s European Industrial Relations Observatory (EIRO) and from its European restructuring monitor (ERM), and is supplemented by findings from desk research.[Eurofound]

This Yearbook sets out to distil Eurofound’s key findings during 2009. The first to be published as part of Eurofound’s four-year work programme ‘Better work, better life’, the 2009 Yearbook can deliver only a partial picture of Eurofound’s research findings, given the breadth of the work undertaken every year. However, as a glance through the Yearbook reveals, the impact of the recession dominated Eurofound research across its various areas of expertise. Moreover, Eurofound’s periodic, longitudinal research proved its worth, demonstrating the changes that have followed in the wake of the downturn to date.[Eurofound]

[...] this report will show the value of the jobs approach in analysing the changing structure of employment in the two turbulent years of the Great Recession. [John Hurley and Donald Storrie, Jean-Marie Jungblut]

Financial activities are at the origin of the current global crisis but have also been affected by the economic downturn. This report analyses the impact of the financial crisis on the banking sector in the following countries: Germany, France, Italy, the Netherlands, Spain, Hungary, Sweden, Estonia, UK, US, Japan, Brazil and China. [Eurofound]

The report describes the impact of the ‘great recession’ on employment and the job structure in the EU27. Quintile charts are used to give a simple, graphical representation of the extent of employment change in a given period as well as an indication of how that change has been distributed across jobs of different pay or skill levels. This technical background paper provides the full set of quintile charts associated with the 'job shifts' report. [Eurofound]

While there has been some recovery since the depths of the Great Recession in 2009, both output and employment levels remain lower than they were pre-crisis in the EU-27. Indeed, the severity of the recession has been such that output has yet to return to 2007 levels in each of the largest Member States, even in those like Germany where recovery has been most stable. Moreover, growth forecasts have been revised downwards throughout 2011 signalling the weakness of the recovery and the presence of negative global economic and financial risks. Most recently, on 21 September 2011, the IMF revised growth forecasts downwards throughout the developed world. [Eurofound]

With a particular focus on the crisis and responses to it, this annual review highlights developments in working conditions and industrial relations in the EU Member States and Norway in 2010, both at national and EU level. At national level, the report examines key issues covered by collective bargaining (pay and working time) and looks at developments in social partner activity and industrial action. It also looks at company restructuring, the impact of the crisis and approaches to pension reform in light of demographic change. At European level, it reviews the year’s main events and trends in employment legislation and policy (in areas like paternity/maternity leave and working time), as well as in the European social dialogue at crosssectoral, sectoral and company levels. The final chapter focuses on training initiatives provided or supported by enterprises for their employees during the recession. [Eurofound]

The worldwide banking system is at the heart of the greatest economic crisis for at least 70 years. The crisis has strongly affected a sector that had already experienced significant changes in the preceding 30 years. Structural changes in the world economy, caused by globalisation processes and technological development, transformed the banking system internationally. On top of these global developments, the European banking system faced challenges caused by the European integration process and the creation of the European Single Market. [Eurofound]

Vienna General Hospital sees the importance of the tackling the issue of ageing in terms of organisational strategy, organisational culture, personal development, organisation of work, and individual health of employees. The human resource department at Vienna General Hospital is responsible for the management of a distinctive skill mix. According to HR, amongst the personnel employed by the hospital, age management of qualified nursing staff is of particular concern. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for the Czech Republic. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for the UK. A résumé is available. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Austria. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Latvia.[Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Hungary. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Belgium.[Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Spain.[Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for Sweden. [Eurofound]

Eurofound’s research on ‘Restructuring in recession and labour force participation’ explored the age management practices of companies in light of restructuring undergone during the recession. The study looked at policy in relation to the retention of older workers (aged 50 or more) in employment at national and establishment levels in nine European Union (EU) Member States. This is the report for the Netherlands. [Eurofound]