Statistics Explained

Archive:Employment rates – annual statistics

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The employment rate is calculated from the results of the labour force survey (LFS). This survey covers all European Union member states, as well as Iceland, Norway, Switzerland, the Former Yugoslav Republic of Macedonia, and Turkey. The employment rate is one of the main indicators of the LFS, and one of the headline indicators under the EU2020 Strategy. It is part of the annual results of the LFS article Labour market and Labour force survey (LFS) statistics, , which presents a series of other results from the LFS, but its prominent position as an indicator and earlier release the data merits a separate article.

Table, Figure or Map X: Full title of the Table, Figure or Map
Source: Eurostat (educ_ilang)

Main statistical findings

The 2014 EU employment rate[1] for persons of working age (15-64) rose to 64.9%, an increase of +0.8 percentage points compared to 2013. For the euro area (EA-19) it increased slightly to 63.9 % (+0.4 pps).

The employment rate for the population aged 15-64 exceeded 70 % in six EU Member States (see Map 1). The highest rates were recorded by Sweden (74.9 %), the Netherlands (73.9 %) and Germany (73.8 %). The employment rates for the EFTA countries were above 75 %, with Iceland and Switzerland recording 81.7 % and 79.8 % respectively in 2014.

Four Member States did not reach 60 %; this was an improvement compared with 2013 when 7 Member States did not reach 60 %. The lowest employment rates were observed in Greece (49.4 %), Croatia (54.6 %), Italy (55.7 %) and Spain (56.0 %).

Compared with 2013, the employment rate increased by 2.0 percentage points (pps) or more in Hungary (+3.7 pps), Croatia (+2.1 pps), Lithuania (+2.0 pps) and Portugal (+2.0 pps). On the other hand, the employment rate fell only slightly in the Netherlands (-0.4 pps), Austria (-0.3 pps) and Finland (-0.2 pps).

The employment rate for the narrower age group of 20-64 years old is used as one of the headline indicators in the Europe 2020 strategy. The EU employment rate for persons aged 20-64 rose in 2014 by 0.8 pps to 69.2 %, still well below the target rate of 75 % (Europe 2020 strategy)[2] by 2020.

In addition the general trend of an increasing employment rate of older persons continued. The EU employment rate for those aged 55-64 rose to 51.8 % (+1.7 pps compared with 2013). Sweden recorded a very high employment rate in this age group (74.0 %), followed by Germany (65.6 %) and Estonia (64.0 %). The countries with the lowest employment rates for persons aged 55-64 were Greece (34.0 %), Slovenia (35.4 %) and Croatia (36.3 %) (see lfsa_ergan).



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