What's in a word?
Every so often you see a new word and you feel duty-bound to post it on the blog. So here it is: Flexicurity. You won’t find it in the dictionary. Oh no. But apparently you will find it in Scandanavia.
Here’s what the collective wisdom of wikipedia has to say about it:
‘The model is a combination of easy hiring and firing (flexibility for employers) and high benefits for the unemployed (security for the employees). It was first implemented in Denmark by the social democratic prime minister Poul Nyrup Rasmussen in the 1990s.
The EU has investigated flexicurity as a possible future European model, mainly because the model has contributed to near-full employment in Denmark with under 4% of the population unemployed, according to the OECD’.
What more could you want? A good policy and a great word.
Right, I’m off for a yogushake…
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