Globalisation Adjustment Fund: helping redundant workers find work again 


Tens of thousands of workers were helped to retrain, look for a new job or launch a new company in 207-2013 if they had been laid off as a result of globalisation or the economic crisis thanks to €400 million in EU funding. This aid came from the EU's Globalisation Adjustment Fund (EGF). On 17 September MEPs approved another aid package for workers in Greece, the Netherlands, Romania and Spain. Find out more about the fund in our article and our chart.

Since 2007 the fund has received more than 100 applications from 20 EU countries asking for it to co-finance support programmes for more than 100,000 workers who lost their jobs due to globalisation (56%) or as a result of the global economic and financial crisis (44%).

Many requests concerned redundancies in car manufacturing (22.5%), machinery and equipment (13.5%), textile, wearing apparel and shoe manufacture (12%), computers, mobile phones and ICT (11.6%) as well construction (9.6%).

About the chart

In the chart the size of a bubble represents the amount of aid requested by a country, while the position of it shows how many redundant workers have already received or would receive the support (vertical axis) and the number of applications for this support by each country (horizontal axis). In addition, the shade of colour of a bubble depicts the unemployment rate: the darker the colour, the higher the unemployment rate.