LAMAS Working Group 12-13 December 2013 Agenda Item 5.1 MIP scoreboard statistics and social dimension of EMU arturo.de-la-fuente@ec.europa.eu

Contents Social dimension of the EMU Release 2014 Alert Mechanism Report and annex

Social dimension of the EMU (1/2) High level talks to supplement monitoring of macroeconomic imbalances with social dimension Commission proposal to add employment and social indicators in the Alert Mechanism Report Proposed auxiliary indicators based on LFS: Activity rate Long-term unemployment rate Youth unemployment and NEET

Social dimension of the EMU (2/2) Commission proposal to create a scoreboard of indicators for Joint Employment Report 5 key indicators plus 3 additional indicators proposed LFS-based indicators are: Unemployment rate (annual data) NEET rate and youth unemployment rate

Release 2014 AMR and annex Commission's 2014 Alert Mechanism Report issued in mid-November Statistical data used: cut off date 1 November Unemployment rate (3-year average) Statistical Annex Eurostat co-author New social indicators were not used in 2014 AMR

LAMAS is asked To take note of initiatives for a social dimension monitoring of the EMU and proposals for new indicators (some based on LFS) To take note of the release of the 2014 AMR and statistical annex