Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-493-000"

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"en.20111025.29.2-493-000"2
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"Madam President, the ongoing eurozone crisis is seeing companies quit the European market. European legislation has placed unforetold pressures on businesses and industries and makes it more viable for multinationals to shed European jobs or relocate to Asia. Meanwhile, with the help of EU funding, a number of large companies have relocated from Western Europe to Eastern Europe, in the opposite direction to labour migration flows. The free movement of people was designed to alleviate labour shortages, not create overcrowding in the job market. Yet due to legislation coming with freedom of choice, migrants flock to certain countries to find there are not the employment opportunities they envisaged. Because they are entitled to welfare support, they stay, increasing unemployment and competing with domestic applicants for posts. Perhaps the Commission should instruct companies to open up opportunities to other EU applicants only when there is not enough domestic competence to meet an industry’s needs. Twinned with reducing the burden of legislation, allowing Member States to compete in the employment market, labour could be targeted where needed, easing the congestion of unemployment in the worst-affected areas."@en1
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