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

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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 supports the European Commission's theory that activities which contribute to the well-being of families and individuals at home, such as personal and household services, have significant potential to create jobs. The EU executive says that the need for services to individuals will increase due to the ageing of the population across all member states, combined with an expected decrease in the number of people within familes who are capable of...

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