UNEMPLOYMENT : STUDY SHOWS HIGH COST OF UNEMPLOYMENT IN SIX EU COUNTRIES.

• Position: Brief article

A report, published on 30 January by the European Federation for Services to Individuals (EFSI), calculates that it is less expensive to invest in job creation than in unemployment benefit systems. It concludes that the cost of keeping an individual on unemployment benefit, compared to the profit created by an active person, varies between 18,008 and 33,443 a year in the six countries evaluated in the report (Germany, Belgium, France, Spain, France, the United Kingdom and Sweden).

The study...