The Extraordinary European Council Meeting on Employment in Luxembourg on 20 and 21 November 1997 launched an overall strategy for employment, the European Employment Strategy, encompassing the coordination of Member States' employment policies on the basis of commonly-agreed employment guidelines (the Luxembourg process), the continuation and development of a coordinated macroeconomic policy and of an efficient internal market, with a view to laying the foundations for sustainable growth, new dynamism and a climate of confidence conducive to boosting employment.
Na izrednem zasedanju Evropskega sveta o zaposlovanju v Luxembourgu 20. in 21. novembra 1997 je bila uvedena splošna strategija zaposlovanja, evropska strategija zaposlovanja, ki vključuje koordinacijo politik zaposlovanja držav članic na osnovi dogovorjenih usmeritev zaposlovanja (luksemburški proces), nadaljevanje in razvijanje koordinirane makroekonomske politike in učinkovitega notranjega trga, s ciljem vzpostaviti temelje za trajnostno rast, novo dinamiko in ozračje zaupanja, ki spodbujajo zaposlovanje.