The European Globalization Adjustment Fund（EGF）was established in 2007 by EU in the course ofthe European Employment Strategy. It is a labor market adjustment assistance policy, drawing on the successfulexperience of the U.S. Trade Adjustment Assistance Program. As an important supplement to the Structural Fund,particularly the European Social Fund, EGF has the following features: suddenness of the causes, specificity oftriggering conditions and temporality of assisting measures. This paper examines the EGF operation during the yearsfrom 2007 to 2011 and concludes that: （1）the majority of the assistance was aimed at the unemployment causedby the global financial crisis since 2008;（2）the member states and the industrial sectors applying for assistancewere highly concentrated;（3）the amount of yearly expenditure was lower than the budget and focused on certainmeasures;（4）the current average reemployment rate was low and differentiated but its long trend is optimistic.