European Union

This tag is associated with 227 posts

Industrial Production in Europe – Down by 0.3% in euro area, down by 0.2% in EU28

In February 2017 compared with January 2017, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2017 industrial production rose by 0.3% in both zones. Chosen excerpts by Job Market Monitor. Read the … Continue reading

Hourly Labour Costs in EU, 2016 – From €4.4 to €42.0, lowest in Bulgaria and Romania, highest in Denmark and Belgium

In 2016, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €25.4 in the European Union (EU) and €29.8 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€4.4), Romania (€5.5), Lithuania (€7.3), … Continue reading

Cross-Country Labour Mobility in EU – Remains below what could be expected but has increased over time

Cross-country mobility flows in the EU are still much lower than those recorded in other highly integrated economic areas, notably the USA, and well below mobility within countries. The population of migrants from within the EU is also generally much lower than the population of migrants from outside the EU. Nevertheless, an upward trend in … Continue reading

ICT in Europe – 38% of companies reported difficulties in filling vacancies

Technological change alters the skill requirements of the labour market. Computers and advanced machinery, for example, can more easily replace workers employed in jobs which involve very intensive routine tasks, either manual or cognitive. These tasks can be easily programmed and executed by machines. ICT development and digitalisation may therefore favour the highly skilled, and … Continue reading

Women in EU – Only 1 manager out of 3

Nearly 7.3 million persons hold managerial positions in enterprises with 10 employees or more located in the European Union (EU): 4.7 million men (65% of all managers) and 2.6 million women (35%). In other words, although representing approximately half of all employed persons in the EU, women continue to be under- represented amongst managers. In … Continue reading

Unemployment Rate in Europe, January 2017 – 9.6% for the Euro Area, 4.017 million young persons overall

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in January 2017, stable compared to December 2016 and down from 10.4% in January 2016. This remains the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.1% in January 2017, down from 8.2% in December 2016 and from 8.9% … Continue reading

Unemployment in Europe – 9.6% in December 2016 in the euro area with 4.219 million young persons

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in December 2016, down from 9.7% in November 2016 and down from 10.5% in December 2015. This is the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.2% in December 2016, stable compared to November 2016 and down from … Continue reading

Low-Wage Earner in EU – 1 out of 6 employees

The proportion of low-wage earners among employees amounted to 17.2% in 2014 in the European Union (EU). This means that they earned two-thirds or less of their national median gross hourly earnings. There are large differences between genders and age groups regarding the proportion of low-wage earners. In the EU in 2014, 21.1% of female … Continue reading

Unemployment in Europe in October 2016 : 9.8% (Euro Area), 4.169 million young persons (EU28)

The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in October 2016, down from 9.9% in September 2016 and from 10.6% in October 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 unemployment rate was 8.3% in October 2016, down from 8.4% in September 2016 and from 9.1% … Continue reading

Duration of Working Life in EU in 2015 – Up by 1.9 years compared with 2005

The expected duration of working life in the European Union (EU) stood at 35.4 years on average in 2015, up by 1.9 years compared with 2005. In detail over this 10-year period, duration of working life has increased more rapidly for women (32.8 years in 2015 compared with 30.2 years in 2005, or +2.6 years) … Continue reading

The Gender Employment gap in Europe – Women’s participation rates are still systematically lower than those of men

Women’s labour market participation in the European Union has increased over recent decades. In 2014, women comprised almost 46% of people active in the EU labour market. Nevertheless, women’s participation rates are still systematically lower than those of men in almost all Member States. This report explores the main characteristics and the evolution of gender … Continue reading

School-to-Work Transition in Europe – Considerable challenges persist despite intense reform activity

The Great Recession that has engulfed Europe since 2008 has had a profound impact on the process of young people’s school-to-work (STW) transition, exacerbating the challenges arising from the long-term structural transformations affecting youth labor markets across the European Union (EU). However, despite the impact of the crisis having been felt everywhere, profound cross-country differences … Continue reading

Unemployment in EU, September 2016 – 10.0%, down from 10.6% in a year with 4.125 million young persons out of job

The euro area (EA19) seasonally-adjusted unemployment rate was 10.0% in September 2016, stable compared to August 2016 and down from 10.6% in September 2015. This is the lowest rate recorded in the euro area since June 2011. The EU28 unemployment rate was 8.5% in September 2016, stable compared to August 2016 and down from 9.2% … Continue reading

EU – Top 5 mismatch priority occupations: shortages

Mismatch priority occupations (MPOs) are those for which a critical shortage, or surplus, has important implications for the national economy (including strategic sectors) and for education and training. Cedefop uses a range of indicators (1) that uncover skill mismatches in the labour market; these are combined with qualitative insights from national experts. MPOs for each … Continue reading

Industry in EU – 19% of total gross value added and 15% of employment

In 2015, industry was still the largest economic activity in the European Union (EU) in terms of output generated. Accounting for 19.3% of EU total gross value added (GVA), industry was immediately ahead of the economic activities “Public administration, defence, education, human health and social work activities” (19.1%) and “Wholesale and retail trade, transport, accommodation … Continue reading

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