of of Economic Trends in the Institute of Macroeconomic Analysis and Development highlights the following in relation to the labour market: After the positive trends on the labour market came to an end during the first wave of the - epidemic, there was a sustained rise in employment and a reduction in unemployment from the second half of 2020. Amid growing demand for labour, certain sectors have seen renewed shortages of labour in - recent months. In some sectors, the vacancy rate has risen sharply in recent months and, - in some cases, a shortage of workers is hampering operations. - For the remainder of this year, employment will continue to gradually rise and unemployment - fall. The effect of the epidemic will continue to have a significant impact. The positive trends will continue over the next two years, but against a backdrop of demographic trends that will give rise to increasing constraints linked to the availability of labour. The short-term expectation is that there will be a further (but more moderate) rise in the - employment rate. Participation in the labour market is still high in the most active age group (30–54 years), which - means that participation will rise in future among older workers in particular. Adverse demographic trends (increase in the share of the older population) will continue and - will lead to labour shortages. Slovenia has included several labour market measures in the adopted RRP that formed the starting points for the Commission’s Investment Guidelines for Cohesion Policy Funding for Slovenia 2021–2027. The key objective of the RRP in relation to the labour market is to strengthen its resilience, increase participation and improve the quality of jobs. This part of the RRP defines the structural efforts or reforms and the associated investments. Investment alone (support for more flexible ways of organising work, adapting workplaces for people with disabilities in sheltered companies and employment centres, more flexible forms of work, faster entry of young people onto the labour market and the training and education of employees) in this part amounts indicatively to EUR 56 million (Union contribution). The RRP envisages challenging systemic changes (e.g. changes to pensions and labour market legislation) that will help to extend working lives and lead to greater integration into the labour market. The measures also stem from specific recommendations to the country and are necessary for the establishment of conditions that will extend working lives and lead to greater integration into the labour market (safe and healthy workplaces, promotion and information-provision regarding the options for participating in the labour market with the aim of activating older people to a greater extent, ensuring high-quality jobs and strengthening the role of social partners in achieving this objective). Active employment policy has been and will continue to be carried out with the help of national integral resources and cohesion policy resources. Resources from European cohesion policy (ESF+) measures in Slovenia will be steered mainly towards increasing involvement in lifelong learning, raising general and professional competencies (efforts to raise financial literacy are part of the RRP) and measures to address negative demographic trends (active ageing, youth employment, etc.). In doing this we will be following the recommendation of Annex D by upgrading the knowledge and skills of the adult population and increasing overall participation in lifelong learning. Using ESF+ resources, we will further strengthen measures within Policy Objective 4, mainly by improving access to employment and carrying out measures for all jobseekers, and particularly the young (notably through implementation of