1. LAMAS Working Group 12-13 December 2013
Agenda Item 5.1 MIP scoreboard statistics and social dimension of EMU

2. Contents Social dimension of the EMU
Release 2014 Alert Mechanism Report and annex

3. Social dimension of the EMU (1/2)
High level talks to supplement monitoring of macroeconomic imbalances with social dimension
Commission proposal to add employment and social indicators in the Alert Mechanism Report
Proposed auxiliary indicators based on LFS:
Activity rate
Long-term unemployment rate
Youth unemployment and NEET

4. Social dimension of the EMU (2/2)
Commission proposal to create a scoreboard of indicators for Joint Employment Report
5 key indicators plus 3 additional indicators proposed
LFS-based indicators are:
Unemployment rate (annual data)
NEET rate and youth unemployment rate

6. Release 2014 AMR and annex
Commission's 2014 Alert Mechanism Report issued in mid-November
Statistical data used: cut off date 1 November
Unemployment rate (3-year average)
Statistical Annex
Eurostat co-author
New social indicators were not used in 2014 AMR

7. LAMAS is asked
To take note of initiatives for a social dimension monitoring of the EMU and proposals for new indicators (some based on LFS)
To take note of the release of the 2014 AMR and statistical annex