Job Market Monitor
Europe
ICT Technicians in EU – 1.9 million employees (2017), 46% in ICT services and 54% in rest of economy
ICT technicians support the design, development, installation, operation, testing, and problem-solving of hardware and software. This mid-level occupation is predominantly male; women represent only 17% of its employment. Some 1.9 million people were working as ICT technicians in the EU in 2017, 200 000 more than in 2006. Demand growth has slowed, though. Advancements in … Continue reading
Industrial Production in Euro Area, July 2019 – Down by 0.4%
In July 2019 compared with June 2019, seasonally adjusted industrial production fell by 0.4% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2019, industrial production fell by 1.4% in both the euro area and EU28. In July 2019 … Continue reading
Job Report in Europe, July 2019 – Unemployment at 7.5% in euro area with 3.195 million young persons unemployed in EU28
The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in July 2019, stable compared with June 2019 and down from 8.1% in July 2018. This remains the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in July 2019, stable compared with June 2019 and down from 6.8% … Continue reading
The Social Economy in Europe – Growth of employment has been strong since the 2008 global financial crisis
A cooperative is typically defined as a business organisation that is democratically controlled and owned by its members and which works in the interest of its members. A social enterprise is generally perceived as a business organisation with a social mission, working in the interest of its community or client group. This study investigates the … Continue reading
Job Report in Europe, June 2019 – Euro area unemployment at 7.5%, EU28 at 6.3% with 3.176 million young unemployed
The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% … Continue reading
Skills Gap in Europe – Skill shortages and skill mismatch
Labour markets are currently in a phase of cyclical recovery and undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour … Continue reading
Overeducated Young Workers in Europe – The role of fields of study for vertical educational mismatch
In general, the term overeducation refers to a job match in which the educational level of the worker clearly exceeds the educational requirements of the job. In the terminology of labour economics, this is often considered a vertical skill mismatch, as opposed to horizontal mismatches (workers choosing jobs with requirements outside the scope of their … Continue reading
Job Vacancy Rate in Europe, Q1-2019 : At 2.3% (EA19)
The job vacancy rate in the euro area (EA19) was 2.3% in the first quarter of 2019, stable compared with the previous quarter and up from 2.1% in the first quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.4% … Continue reading
Employment in EU – Rate of people aged 20 to 64 reached a new peak at 73.2% in 2018
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 … Continue reading
Skills for Green Jobs in Europe – No common approach to and no definition of it
Preparing for sustainable growth within the context of a circular economy is an accepted policy aim across the globe. The implications for economic sectors, and consequently for occupations, skills and relevant policies, are undeniable. In 2010 Cedefop collaborated with the International Labour Organization and reviewed the state of play regarding ‘green skills’ and ‘green jobs’ … Continue reading
Hourly Labour Costs in Europe (2018) – Rose by 2.7% in the EU and by 2.2% in the euro area
In 2018, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €27.4 in the European Union (EU) and €30.6 in the euro area. However, the average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€5.4), Romania (€6.9), Lithuania (€9.0), … Continue reading
Skills in Postings in Europe – Cedefop’s findings
Since mid-2018, Cedefop’s online job vacancies data retrieval system has collected around 32 million unique vacancy postings in Czechia, Germany, Spain, France, Ireland, Italy and UK. Their labour markets equal around two-thirds of employment in the EU. 79% of the online job vacancies has been collected from private online job portals, 15% from public portals … Continue reading
Online Job Vacancies and Skills in Europe – The Cedefop’s new system
Over recent decades, online job portals have become important recruitment and job search tools. Beyond assisting skills matching, the job vacancies these portals gather can also be used to analyse labour market trends in real time, generating evidence that can inform education and training policies and help ensure that people’s skills meet the needs of … Continue reading
Summary 2030 Skills Outlook for Europe
Cedefop’s 2030 skills outlook Entrusted with regular EU-wide skill supply and demand projections by the Council, Cedefop presented its most recent outlook up to 2030 in 2018 – 10 years after it had pioneered its first complement these projections with information on how wage structure and job tasks are likely to change. Although some may … Continue reading
Unemployment in Europe, February – 6.5%, lowest rate since 2000, with 3.309 million young persons (7.8% in Euro area)
The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in February 2019, stable compared with January 2019 and down from 8.5% in February 2018. This remains the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.5% in February 2019, stable compared with January 2019 and down from 7.1% … Continue reading
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