Here are some links so that you can find out more about Flexicurity and how it works in other parts of Europe.
For a clear definition of what it means:
http://ec.europa.eu/employment_social/employment_strategy/flex_meaning_en.htm
http://ec.europa.eu/employment_social/employment_strategy/flexicurity%20media/flexicuritypublication_2007_en.pdf (needs PDF reader, which you can get by clicking HERE)
To see further research on how it works:
www.tilburguniversity.nl/faculties/law/research/flexicurity/publications/publicationsgroup/