In 2018, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 73.2%, up compared with 2017 (72.2%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the EU by 2020. This objective has been translated into different national targets in order to reflect the situation and possibilities of each Member State to contribute to the common goal.
The upward trend in the employment rate is visible both for men and women. The employment rate for men hit 79.0% in 2018, and has increased steadily since 2013. As for women, their employment rate has continuously risen since 2010 to reach 67.4% in 2018. Similarly, the employment rate of persons aged 55 to 64 in the EU has grown steadily, from 38.4% in 2002 to 58.7% in 2018. The greater participation of older workers is also one of the objectives of the Europe 2020 strategy on employment.
Chosen excerpts by Job Market Monitor. Read the whole story at Employment rate of people aged 20 to 64 in the EU reached a new peak at 73.2% in 2018