Principle 1.
Sound macroeconomic policies conducive to sustained non-inflationary growth and employment;

Principle 2.
Structural reforms where needed in our labour, capital and product markets to facilitate employment growth. This will mean promoting more effective markets, tackling barriers arising from inappropriate taxation and regulatory frameworks, especially those that effect small and medium sized enterprises, and promoting adaptable, efficient and equitable working time arrangements and work organisation;

Principle 3.
Fostering entrepreneurship and creating an economic climate favourable to the growth of small and medium-sized firms, in particular new businesses, including better access to venture capital;

Principle 4.
Enhancing employment, education or training opportunities for young people and adults who may become long-term unemployed, and providing measures for groups such as lone parents and disabled people;

Principle 5.
Reforming tax/benefits systems to foster growth and employment and to enable and encourage those people who are unemployed or excluded from the labour market to look actively for work and find suitable employment, while protecting vulnerable groups. The successful transition from welfare to work will require a sustained commitment to active labour market policies, including training and vocational guidance, and to addressing the underlying reasons for exclusion from the labour market;

Principle 6.
Enabling and encouraging people to learn throughout their working lives -- lifelong learning -- to develop their knowledge and skills and to improve their employability;

Principle 7.
Promoting equal opportunities and combating discrimination for all workers.