Second joint assessment by the Social Protection Committee and the European Commission of the social impact of the economic crisis and of policy responses
One year into the crisis, as very first signs of economic recovery become apparent, the full impact of the crisis on labour markets and public finances is still to be faced. Many governments have started looking back at their action over the past year, in order to evaluate the first impacts and prepare for 2010. In this context, the second joint assessment of the Social Protection Committee and the Commission on the social impact of the crisis provides an input to the reflection of Member States.
This report provides an updated outline of the main findings emerging from this second assessment and presents a comprehensive overview of Member States' challenges and policy responses. It builds on the responses of SPC/ISG members to the second Commission questionnaire on the crisis received until 16 October 2009.