The European Monitoring Centre on Change (EMCC) is an information resource established to promote an understanding of changes in the world of work, employment and restructuring. Its work is supported by a Network of Eurofound Correspondents across all EU Member States and Norway.
The EMCC focuses on two main topic areas.
Employment and labour markets is one of the six main activities in Eurofound’s work programme for the 2021–2024 period. Eurofound operates as a centre of expertise for monitoring and analysing labour market developments, particularly as European labour markets are faced with major challenges in the aftermath of the COVID-19 pandemic. Its research will focus on the consequences of the pandemic for work and employment and how to maintain the functioning and inclusiveness of the labour market.
Anticipating and managing the impact of change is one of the six main activities in Eurofound’s work programme for the 2021–2024 period. Eurofound will provide evidence on structural developments affecting the EU economy and labour markets, driven largely by digitalisation and the transition to a carbon-neutral economy, but also by the COVID-19 crisis. The research is intended to assist policymakers in anticipating and preparing European labour markets and workplaces for these changes.
Eurofound’s work on COVID-19 examines the far-reaching socioeconomic implications of the pandemic across Europe as they continue to impact living and working conditions. A key element of the research is the e-survey Living, working and COVID-19, launched in April 2020, with five rounds completed at different stages during 2020, 2021 and 2022. This is complemented by the inclusion of research into the ongoing effects of the pandemic in much of Eurofound’s other areas of work.
Featured - Digitalisation driving restructuring in retail banking
Financial transactions are increasingly conducted electronically, and banks are investing hugely in further developing the possibilities of online banking. These investments are partly a response to increasing customer demand for online services but are also motivated by operational efficiency considerations with investments in new technologies compensated by declining service and labour costs. For this reason, while most service sectors in the EU have seen an increase in employment over the last decade, in retail banking there has been a decrease.
In addition to the digitalisation challenge, banks are also responding to increasing regulatory and compliance burdens, competition from fintech companies, as well as reduced profitability arising from low interest rates.
A new Eurofound report delves into the effect of digitalisation in retail banking and its restructuring drivers, trends, and employment outcomes. The report includes quantitative data from various sources as well as six case studies which describe examples of recent restructuring in the sector, what motivated the restructuring, how it was managed and how it affected employment and work organisation.
Recovery from COVID-19: The changing structure of employment in the EU
20 October 2022
Going digital: Restructuring trends in retail banking
26 September 2022
Ethics in the digital workplace
30 May 2022
The digital age: Implications of automation, digitisation and platforms for work and employment
15 December 2021
European Jobs Monitor 2021: Gender gaps and the employment structure
14 December 2021
Understanding the gender pay gap: What role do sector and occupation play?
14 December 2021
Initiatives to improve conditions for platform workers: Aims, methods, strengths and weaknesses
02 December 2021
Digitisation in the workplace
25 October 2021
What just happened? COVID-19 lockdowns and change in the labour market
19 October 2021
Tools of trade: Supporting export businesses to improve their workplace practices
06 October 2021