Latest data confirm that the labour market in the EU is stabilising, following several months of only relatively moderate deterioration.
The economy started to recover from deep recession around a year ago, but it may take some time yet before the fragile pick-up in economic activity and confidence trigger an upswing in the labour market.
Rises in the unemployment rate had eased in most Member States by April, and recently only Estonia recorded a steep rise in the first quarter of this year, while in twelve countries the rate stabilised or declined. The labour market for young people in the EU has shown even more consistent signs of stabilisation, as youth unemployment has actually declined by almost 47 000 since September.
In this issue, the focus is on the labour market situations in Austria, the Czech Republic, Cyprus, Malta, the Netherlands, Slovakia and Slovenia.
This month’s edition also focuses on recent developments in the furniture sector and is supplemented by the Quarterly EU Labour Market Review – Spring 2010.