null Employment up, labour market slack down in Q2 2022

28‑09‑2022

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In the EU, the employment rate of people aged 20-64 stood at 74.8% in the second quarter of 2022, an increase of 0.3 percentage points (pp) compared with the first quarter of 2022. 

The labour market slack, which comprises all people who have an unmet need for employment and of which one of the main components is unemployment, amounted to 11.5% of the extended labour force aged 20-64 in the second quarter of 2022, down from 11.9% in the first quarter 2022 (-0.4 pp). 

This information comes from data on the labour market in the second quarter of 2022 published by Eurostat today. This article presents only a handful of findings from the more detailed Statistics Explained article.

 

Bar chart: Employment rate and labour market slack in the EU, population aged 20-64, seasonally adjusted data, Q1 2009 to Q2 2022

Source datasets: lfsi_emp_q and lfsi_sla_q

 

Changes in the employment rate between the first quarter of 2022 and the second quarter of 2022 varied across the EU Member States. The highest increases were recorded in Lithuania (+1.6 pp), Latvia (+0.9 pp) as well as Ireland and Slovakia (both +0.8 pp). 

While employment rose in 20 EU Member States, it remained stable in two (Hungary and Slovenia) and decreased in Croatia and Belgium (both -0.5 pp), Luxembourg ( 0.2 pp) and Cyprus and Portugal (both -0.1 pp).

 

Bar chart: Changes in the employment rate in the EU Member States, age group 20-64, in percentage point, seasonally adjusted data, Q2 2022 compared with Q1 2022

Source dataset: lfsi_emp_q


For more information:

 

Methodological notes:

  • The extended labour force is the total number of people employed plus unemployed, plus those seeking work but not immediately available, plus those available to work but not seeking. In this article, data cover population aged 20 to 64. 
  • This article uses quarterly and seasonally adjusted data from the EU Labour Force Survey (EU-LFS) data. 


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