Restructuring and employment in the EU: Concepts, measurement and evidence

While restructuring is a matter of great concern to many workers and enterprises and is high on the EU policy agenda, there are few hard facts on the extent of jobs actually lost and gained in this process. This report explains how the employment effects of restructuring should be measured, the extent to which this is feasible in Europe today and concrete proposals on how to improve knowledge about the phenomenon. It also presents the available EU-wide evidence on the employment consequences of structural change in recent years. It highlights in particular the actions of the European Restructuring Monitor, which is the only EU-wide instrument currently in existence.