The current project is financed under the European Programme for Employment and Social Innovation ‘EaSI’ 2014-2020. EaSI is a financing instrument at the EU level managed directly by the European Commission, which contributes to the implementation of the Europe 2020 strategy. It provides financial support for the Union’s objectives in terms of promoting a high level of quality and sustainable employment, guaranteeing adequate and decent social protection, combatting social exclusion and poverty, as well as improving working conditions. The aim of this project is an update, extension and refinement of the existing Labour Market Model (LMM).