Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-556-000"

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"Madam President, this report by Ms Bastos on new skills and jobs is very important. We know that at present in Europe, there are great difficulties associated with employment and training. It should not be that way, because Europe in 2010 was supposed to be the world’s leading knowledge-based economy. We failed with the Lisbon strategy, however, and now the worldwide economic crisis that has held sway since 2008 is also affecting Europe. Over what has been at least a two-year period, Europe has lost 5.6 million jobs. Furthermore, the cycle only seems to be continuing. At present, the unemployment rate among the working population is 9.5%, which means that we have 23 million people unemployed in the European Union. The target should be full employment, which is what it is in the Commission and the European Union. The Europe 2020 strategy is based on the notion that the employment rate will rise to 75% among those between 20 and 64 years of age. In my view, however, we cannot accept a 25% unemployment rate. How can we respond to a situation where the world has changed and the so-called China phenomenon is having a very powerful effect on us? We can only respond with training and investment in innovation, new research and product development. In these economically difficult times, we need to invest heavily and put money specifically into innovation, new research and product development. Only in that way can we make a new start, achieve new growth and provide jobs which can generate European added value, and which will help us to succeed in global markets."@en1
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