Employment promotion

  • © Csudai Sándor

    In Central and Eastern Europe, the challenges posed by globalization and rapid technological change faced throughout the world are combined with those arising from the transition to a market economy. In the 1990s, countries in the region had to come to terms with rapidly rising unemployment.

    Since 2000, Central and Eastern European countries have enjoyed relatively rapid economic growth, starting from a low base following a decade of slow or negative growth. Nevertheless this substantial economic growth has not created enough jobs and has been hindered by the financial and economic crisis that started in 2008. More