Job Market Monitor
Europe
Economy in Europe – Industrial production fell for a second month in a row
In July 2018 compared with June 2018, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2018, industrial production fell by 0.8% in the euro area and by 0.5% in the EU28. … Continue reading
Job Report in Europe, Q2-2018 – Employment increased by 0.4%
The number of persons employed increased by 0.4% in both the euro area (EA19) and the EU28 in the second quarter of 2018 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the first quarter of 2018, employment increased by 0.4% in the … Continue reading
Manufacturing in Europe – Old jobs with new tasks increasingly driven by automation
The importance of physical tasks in manufacturing is generally declining due to automation; with more intensive use of digitally controlled equipment, and the increasing importance of quality standards, resulting in a growing amount of intellectual tasks for manual industrial workers. The New tasks in old jobs: Driver of change and implications for job quality publication from the Future … Continue reading
Job Report in Europe, June 2018 – Euro area unemployment at 8.2% EU28 at 6.8% with 3.325 million young persons
The euro area (EA19) seasonally-adjusted unemployment rate was 8.2% in July 2018, stable compared with June 2018 and down from 9.1% in July 2017. This is the lowest rate recorded in the euro area since November 2008. The EU28 unemployment rate was 6.8% in July 2018, down from 6.9% in June 2018 and from 7.6% … Continue reading
Apprenticeship in Europe – In 24 out of the 30 countries covered by the study
This report details Cedefop’s first cross-nation study of apprenticeships in the European Union. The point of departure for the study is what countries define and offer as apprenticeship training. It then applies a purposive approach to identifying the changes that apprenticeships are undergoing in practice, based on their design characteristics. Largely based on data collected … Continue reading
Youth in Europe – Next generation still falls short of what it takes to age in prosperity
The reality faced by Europe’s next generation still falls short of what it takes to age in prosperity. First, many EU countries suffer from surprisingly large foundational skills gaps. Across half of the EU a fifth or more of 15-year-olds performed below proficiency in reading and mathematics in the 2015 Program for International Student Assessment … Continue reading
Euro Area Unemployment, May 2018 – At 8.4% with 3.377 million young persons out of work (under 25)
The euro area (EA19) seasonally-adjusted unemployment rate was 8.4% in May 2018, stable compared with April 2018 and down from 9.2% in May 2017. This remains the lowest rate recorded in the euro area since December 2008. The EU28 unemployment rate was 7.0% in May 2018, stable compared with April 2018 and down from 7.7% … Continue reading
Long-Term Unemployment in Europe – Programme orientation matters
Skill deficits are a major bottleneck in sustainable activation of the long-term unemployed. Those managing to get back to work often end up in less complex and skill-intensive jobs and have fewer opportunities to develop their potential. Those long-term unemployed not successful in making a transition to work are likely to face even more severe … Continue reading
The European economy since 2000 – More people in work
Since the start of the millennium, more and more people are in work, while working conditions have changed. Strong increase in female employment rate In the period between 2002 and 2017 the employment rate for the total working age population increased from 67 % in 2002 to 72 % in 2017, mainly due to the … Continue reading
Hourly Labour Costs in Europe (QI, 2018) – Rose by 2.0%
Hourly labour costs rose by 2.0% in the euro area (EA19) and by 2.7% in the EU28 in the first quarter of 2018, compared with the same quarter of the previous year. In the fourth quarter of 2017, hourly labour costs increased by 1.4% and 2.3% respectively. These figures are published by Eurostat, the statistical … Continue reading
Prices in Europe – Varie by almost one to three between the cheapest and the most expensive Member State
In 2017, price levels for consumer goods and services differed widely in the European Union (EU). Denmark(142% of the EU average) had the highest price level, followed by Luxembourg (127%), Ireland and Sweden(both 125%), Finland (122%) and the United Kingdom (117%). At the opposite end of the scale, the lowest price level was found in … Continue reading
Job Vacancies in Europe (QI, 2018) – 2.1%, up from 2.0%
The job vacancy rate in the euro area (EA19) was 2.1% in the first quarter of 2018, up from 2.0% recorded in the previous quarter and from 1.9% in the first quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was … Continue reading
Youth Guarantee in Europe – Many member states facing challenges when meeting the objectives of early intervention and effective enforcement mechanisms
The European Youth Guarantee (YG) is one of the most innovative labour market policies of recent years. It arrived at a time when an urgent and radical response was needed to address the detrimental long-lasting consequences of long-term unemployment. This article examines empirical evidence on the effectiveness of past youth guarantee experiences, as well as … Continue reading
Unemployment in Europe’s Regions (2017) – Vary widely, from 1.7%, in Praha in the Czech Republic to 29.1% in Dytiki Makedonia in Greece
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate for persons aged 15-74 fall in 2017 compared with 2016, and around 60% recorded a decrease of at least 0.5 percentage points. However, regional unemployment rates continued to vary widely across the EU regions, with the lowest rates … Continue reading
Education in Europe – 39.9% of 30-34-year-olds have completed tertiary education and 10.6% of 18-24-year-olds out of education and training in 2017
Today, Eurostat, the statistical office of the European Union, publishes the most recent data for the EU and its Member States on achievement against the two Europe 2020 education headline targets. One of Europe 2020 strategy’s targets is that at least 40% of 30-34-year-olds in the EU should have completed tertiary education by 2020. This … Continue reading
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