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achieved active labour market ALMPs Amsterdam Amsterdam Treaty average Bertelsmann Foundation Bjorklund Britain burdens capital competitive created developed earnings economic growth economic policy employees employment growth employment performance employment rate Employment Training Europe's European Council European countries European Economic Area European economy European unemployment European Union evaluation evidence example Figure flexible labour markets gain Germany globalization grammes higher impact income increase individuals industrialized countries innovations investment job search programmes job search support John Morley labour market flexibility labour market policy levels of unemployment long-term unemployed Maastricht criteria ment monetary policy months nomic non-participants non-wage labour costs OECD overall participants pension insurance political reduce reform Restart sectors skills strategy structural studies Sweden Swedish tion trade training programmes trend unem UNEMPLOYMENT IN EUROPE wage pressures wage shares wider labour market workers