"This foresight exercise was undertaken to explore how Europe's labour markets and welfare sys tems could evolve by 2040 under different combinations of global economic integration, climate policy ambition and technological change. Its aim was to assist policymakers with anticipating structural shifts, identifying strategies that remain relevant across a range of uncertain futures, and designing policies capable of supporting both competitiveness and social cohesion. The study sought to develop plausible and contrasting scenarios for Europe's socio-economic future, assess the risks and opportunities each scenario presents for labour markets, welfare systems and social equity, co-design policy recommendations tailored to each scenario while identifying cross-cutting “no-regrets” areas for action, and strengthen the capacity of policymak ers and stakeholders to think and plan strategically under uncertainty."

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