The review confirms an increase of the overall employment rate, for both the EU and the euro area – an increase representing 3 million more employed people in the EU than one year before. The overall long-term unemployment rate, at the other hand, decreased by 0.6 pp compared to a year before and stands now at 4.3% of the labour force. This is the largest reduction since the first decline in long-term unemployment observed in 2014. In addition, for the first time since the start of the economic recovery, the number of very long-term unemployed (unemployed over two years) dropped more strongly than the number of people long-term unemployed for less than two years. Finally, this season's edition also shows a continuous improvement and convergence among Member States regarding youth unemployment, which has decreased more strongly in countries most affected by the crisis.
The activity rate in the EU has continued its steady increase since 2008, in particular for older people, though not yet for younger people, as highlighted by this edition of the Employment and Social Situation Quarterly Review. Employment rate has returned to its pre-crisis level but with a much wider gap between countries, from 55% in Greece to 80% in Estonia, Germany and Sweden. The publication also stresses that permanent and full-time jobs continue to increase, though at a slower pace than in 2014. The financial situation of EU households continues to improve, with more available income in nearly all Member States, though financial distress remains high for households with the lower income.
The 2015 winter edition of the Employment and Social Situation Quarterly Review shows improvements on the EU labour market.
Employment and activity rates have continued to increase in the EU, across all population groups and most notably for older workers (55 - 59 years). In the third quarter of 2015, the overall EU employment rate has even reached its pre-crisis level, although the progress is unevenly distributed among Member States. In addition, unemployment has continued to recede and the share of long-term unemployed persons in total unemployment has slightly gone down.
The latest quarterly data confirms previous modest but positive economic, labour market and social developments. The EU economy continues its moderate growth, which has broadened across virtually all Member States. Labour markets in the EU continue to gradually improve, benefitting from the strengthening in economic activity. There are more permanent and full-time jobs. The increase in employment extended to all sub-population groups. Unemployment including youth unemployment continues to slowly recede in the EU however large differences remain among Member States. Long-term unemployment also shows further signs of decline but remains high. Household incomes and financial conditions of EU households continue to improve, benefitting from stronger economic activity and improved labour markets.
The economic situation in the EU has been improving continuously for nearly two years with EU GDP now reaching pre-crisis levels and the recovery extending to most Member States. Employment in the EU also continues to improve, extending to nearly all sectors and involving more permanent and full-time jobs. The increase in employment and participation has also widened to all sub-population groups. Unemployment is slowly receding from its high levels in the EU and in most Member States. Long-term unemployment receded for the first time since the onset of the crisis, and youth unemployment declines to the 2009-2010 level. Alongside this, household income continues to increase at a faster pace compared with the previous quarters. These are some of the main conclusions of the European Commission's latest Employment and Social Situation Quarterly Review. This Report is available in electronic format in English only.
The economic recovery which started in the EU in the spring of 2013 remains subdued and recent GDP forecasts for the EU have been revised down. However, despite the weak macroeconomic background, employment has shown a small but consistent growth in the EU since mid-2013, in the large majority of EU Member States, and across the large majority of sectors. Many challenges remain in the EU, with important social consequences, in particular long-term unemployment and low employment opportunities for youth (15-24) and young adults aged 25-39. These are some of the main conclusions of the European Commission's latest Employment and Social Situation Quarterly Review. A tool is provided to facilitate the access to regularly updated underlying data, charts and tables. These are accessible from the document or downloadable from the web. This Report is available in electronic format in English only.
The economic recovery which started in the spring of 2013 remains fragile and future employment developments remain uncertain, unemployment still remains close to historical records, and the long-term unemployed represent a large and growing share of total unemployment, with almost 13 million people having been unemployed for at least one year. These are some of the main conclusions of the European Commission's latest Employment and Social Situation Quarterly Review. A tool is provided to facilitate the access to regularly updated underlying data, charts and tables. These are accessible from the document or downloadable from the web. This Report is available in electronic format in English only.
According to this issue of the European Job Mobility Bulletin, based on the vacancies published on the EURES portal, the top 5 jobs in Europe are: Personal care and related workers, Finance and sales associate professionals, Housekeeping and restaurant services workers, Shop salespersons and demonstrators, and Electrical and electronic equipment mechanics and fitters. This Bulletin is available in English only.
According to this edition of the EU Employment and Social Situation Quarterly Review, the recent and currently fragile economic recovery has not yet been able to create new jobs and the social situation in the EU shows little signs of improvement so far. The improved outcomes in the EU labour markets are still at best modest. Employment showed the first signs of stabilising in 2013, with a 0.1% growth in the second half of the year. This analysis also points to an expected increase in poverty levels and a slight improvement in the impact of social protection expenditure in 2013, even if its support effect remains very weak. The situation for households remains serious. The income that households have at their disposal is lagging behind the growth of Gross Domestic Product. It provides also empirical evidence that the crisis at its height had the strongest adverse impact on labour market transitions of men and young people.
This publication is available online in English only.
Please see the table of contents for supplements on labour market transitions, trends in poverty and social exclusion and trends in social expenditure.
Vacancy trends in the European labour market indicate a widening gap in job opportunities between Northern and Southern countries. The latest issue of the European Vacancy Monitor reveals a shortage of labour supply in countries such as Austria, Denmark Sweden, Estonia and Latvia, while competition for jobs is increasing in countries such as Greece, Slovakia and Spain. This publication is available online in English only.