This article displays the characteristics of the European labour market in comparison with the American labour market. On average the unemployment in the EU is two times higher than in the USA. It is the result mainly of lower flexibility of the European labour market. We have analysed the fundamental activities of the integrating Europe aiming improvement of the efficacy of functioning of the labour market. We focused also on the factors which delay the process of systemising of this important European market and on the necessity of working out the common policy in the matter of collective negotiating of the salaries, common system of the social insurance and common social and migration policy.
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