This article analyses the changes and challenges involved in the governance of
employment in the EU-15 over the past decade. Several interrelated changes are
examined: the European Employment Strategy; social pacts at national level; and
bipartite bargaining covering employment issues. One can argue that raising
employment levels currently constitutes a consensus-making factor at European
level and within countries, but that there is a progressive shift in the rules
of the game: we are witnessing both procedural and substantive changes in the
governance of labour markets.
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