The Labour Market Observatory (LMO) has been set up by a decision of the bureau on 10 July 2007.
The objective of the LMO is to identify and analyse labour market trends and challenges, bringing added value to the work of the SOC Section and the Committee.
The LMO has a five-year mandate, with a mid-term revision clause. It is composed of 33 members, including a President and two Vice-Presidents from the SOC Section, rotating every two years and a half between the three Groups. In order to assure horizontal competences, it is important for all Sections to be represented in the LMO.
The labour market in all the EU countries has undergone a profound transformation in its structures, mechanisms and industrial relations. At the heart of this transformation are various phenomena the LMO will include in its analysis:
observing labour market challenges and trends
collecting examples of best practices
stimulating discussion by organising hearings with institutional, socio-professional stakeholders, civil society organisations and academia
producing pro-active investigating reports or studies on selected topics
analysing cross-cutting issues.