Job Market Monitor
Europe
Europe – Fewer people outside the labour force in 2013
This statistical article analyses the economically inactive population, i.e. the population that is neither employed nor unemployed. Since 2002 and despite the economic crisis, the share of the inactive population in the total population of working age has fallen from 31.4 % to 28.0 % in the EU-28 (see Figure 1). This corresponds to a reduction of … Continue reading
EU – An ambitious climate and energy package to create jobs and support businesses is needed says unions and corporate leaders
Leader of European Trade Union Confederation joins major brands, including Philips and Shell, calling for ambitious climate and energy package to create jobs and support businesses. Nearly a million potential jobs will be lost if EU leaders fail to agree strong climate and energy targets at a summit starting on Thursday, according to the head … Continue reading
The Ageing Europe – Worker mobility key to tackle EU demographic and skills challenges reports says
To address the effects of population ageing, the EU will need to close the gender gap and increase the participation of young and older workers in the labour market, but mobility and migration also have a key role to play. This is the main finding of the joint Commission-OECD report on Matching Economic Migration with … Continue reading
10 myths about migration in Europe
Writers from the Guardian, Le Monde, El País, Süddeutsche Zeitung and La Stampa address some common claims about migration and assess whether they are true in their country. ‘They are taking our jobs’ ‘They deplete welfare budgets’ ‘They don’t integrate’ ‘They come here illegally’ ‘Where there are immigrants you’ll find crime’ ‘They dilute our values’ … Continue reading
Europe – Try the improved European Unemployment Insurance scheme simulator
Following on from our previous blog post on this topic, we invite you to try out our improved European Unemployment Insurance (EUI) scheme simulator which now includes a line graph to chart the evolution of the net flows from the scheme and its situation, as well as a heat map of all European countries. Chosen … Continue reading
For an European unemployment insurance – A Commission Report
The best idea for an EMU-level automatic fiscal stabiliser is in my view a scheme where fiscal stimulus is provided to countries of the monetary union based on developments in their short-term unemployment. Unemployment is an indicator whose big advantages are that it very closely follows developments in the economic cycle, it is easily understandable, … Continue reading
Europe – Major companies pledge 100K for new youth jobs
Some 200 companies on Thursday pledged to create new work and training opportunities for Europe’s young jobseekers, of which one out of four is unemployed. The alliance of major companies set a goal of creating tens of thousands in additional jobs — or apprenticeships and internships that lead to jobs — over the next several … Continue reading
Job Quality in Europe – Groups with multiple disadvantages
This report, based on data from the fifth European Working Conditions Survey (EWCS), aims at identifying occupations in Europe that have multiple disadvantages, thereby making it difficult for people to stay in these jobs. Occupations where job quality is consistently low are labelled ‘occupations with multiple disadvantages’. These occupations score relatively poorly on all four … Continue reading
Youth Transitions in Europe – Those countries with quicker and more successful school-to-work transitions are those where young people leave home earlier says report
Young people in Europe continue to experience great difficulties in entering the labour market. Although the youth unemployment rate in a few Member States has started to fall, overall 23% of young European job-seekers aged 15–24 could not find a job in January 2014. In 2012, 14.6 million young people across Europe were not in … Continue reading
Europe’s Job Market vs US – Doing better
Compare unemployment rates, and America’s job market looks much stronger than Europe’s. The U.S. rate for August, being released Friday, is expected to be a near-normal 6.1 percent. In the 18 countries that use the euro currency, by contrast, it’s a collective 11.5 percent. Yet by some measures, Europe is doing better. It’s been more … Continue reading
Europe – Facing a fresh downturn
Six years after being struck by economic crisis, Europe is facing a fresh downturn, with few new ideas on the table for reigniting growth and deepening political divisions over the austerity policies that many blame for worsening the malaise… “Europe is at risk of secular stagnation,” said Lawrence H. Summers, a former United States Treasury … Continue reading
Europe – Nobel economists say policy blunders pushing it into depression
An array of Nobel economists have launched a blistering attack on the eurozone’s economic strategy, warning that contractionary policies risk years of depression and a fresh eruption of the debt crisis. “Historians are going to tar and feather Europe’s central bankers,” said Professor Peter Diamond, the world’s leading expert on unemployment. “Young people in Spain … Continue reading
Europe – The recession is really a depression
Eurozone GDP still hasnt gotten back to its 2007 level, and doesnt look like it will anytime soon. Indeed, it already wasnt clear if its last recession was even over before we found out the eurozone had stopped growing again in the second quarter. And not even Germany has been immune: its GDP just fell 0.2 percent … Continue reading
Growth in Europe vs US – It’s getting worse
Economic growth in Europe came in at zero in the second quarter of 2014. That’s better than being in recession. But it’s not the growth that Europe — with its huge unemployment rate of 12 percent, or roughly 19,130,000 people out of work — needs. The eurozone (below in blue) has been in a depression … Continue reading
UK – Becoming the self-employment capital of Europe
Whether they are a growing underclass or a sign of the UK economy’s bright future, the growing army of self-employed warrant our attention The UK workforce has expanded rapidly over the last year, with the working-age employment rate reaching historically high levels and net job creation of over 900,000 in the year to April 2014. … Continue reading
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