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Flexibility and security: an asymmetrical relationship?

7. Performance of the 4 countries
with regard to the main goals of
flexicurity

Looking back to the professed aims of the flexicurity agenda (see Diagram 5, section 4.1.) 77, we
can observe how differently the 4 countries perform, with regard to 3 fundamental policy concerns
of this agenda: employability, vulnerability and economic efficiency.

7.1. Employability

Using specific dimensions to measure employability, such as training, educational attainment,
employment protection, and activation measures, significant differences across the 4 countries are
brought into light (see Eurofound, 2008e):

the higher the rate of participation in lifelong learning programmes, the higher the level
of average employability. In Spain and Greece, both indicators are low, whilst in Den-
mark, both are high, with the Netherlands slightly lagging behind Denmark;

the correlation between the average level of education and the average employability is
very high in Denmark and the Netherlands, whilst it is low in Spain and Greece;

employment protection does not enhance employability: Denmark, with an average to
low job protection enjoys high employability, contrary to Spain and Greece that have a
high level of job protection but low employability, whilst the Netherlands seem to have
the best of both worlds as the labour force enjoys a relatively high job protection with
above average employability;

unemployment benefit is positively linked to job security: workers in countries with gen-
erous unemployment benefits also feel less insecure and, consequently, more inclined to
attempt transitions, as is the case in Denmark.

77 Aims of the flexicurity agenda: to fight against labour market segmentation; to keep the skills of workers (especially
the more vulnerable ones) up to date; to help reintegrate people into employment; to help people cope with rapid
change; to support safe transitions; to provide people with income security and support (disability, long-term care);
to enhance work / life balance; and to contribute to sound and financially sustainable budgetary policies (European
Commission, 2007b).

Page 97



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