The European Central Bank (ECB) has been criticized for not focusing enough on creating jobs in the euro area. A study of the ECB's behavior over its first ten years shows that it often misses its inflation target of 2 percent and pays attention to real economic indicators like the output gap and unemployment rate when setting interest rates. This suggests that the ECB has not been overly concerned with controlling inflation. The study also suggests that, given certain market conditions, the ECB should aim for both price stability and maximum sustainable employment.