"The findings of this comprehensive study undertaken by CEPS for the Directorate-General for Employment, Social Affairs and Equal Opportunities are intended to contribute to the identification of reforms and policy measures that are potentially the most significant for Europe to ensure growth and jobs in the medium term.

The assessment of employment prospects during the period up to 2020 will now have to take account of the effects on the labour force of the 2008/2009 downturn. Consequently, employment policy will, over the medium term, face the particularly difficult challenge of reconciling the longer-term objectives with immediate concerns about the exit from and the aftermath of the crisis. Member States will also have to encourage the development of new activities associated with adaptation to climate change, while expanding services and products for older citizens."

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