The latest Employment and Social Development in Europe (ESDE) Quarterly Review confirms overall positive labour market developments. Total employment hit a new record of 239.3 million people in the third quarter of 2018. The largest share of new jobs are permanent and full time jobs.
This report (produced under the contract VT/2017/036 - Study supporting the update of the data reported in the 2007-2013 ESF ex-post evaluation) provides an update of the financial and performance data presented by the Staff Working Document (SWD) and the external synthesis evaluation report, based on the Final Implementation Reports which were submitted to the Commission in the course of 2017.
A wealth of evidence has just been collected and analysed by the European Commission, to identify the trends that are shaping the future: that of the world of work; and that of the vocational education and training systems in the EU Member States.
This issue of Social Agenda is based on two sources. One is the 2018 edition of the Economic and Social Developments review, which came out in July 2018. It focuses on the impact of technological transformation on the employment and social situation.
The other is the concluding conference of a three-year project on the changing nature and role, since 1995, of vocational education and training in the EU plus Iceland and Norway, carried out by Cedefop (European Centre for the Development of Vocational Training). This conference took place in November during the central EU-level event of the European Vocational Skills Week.
With a key question running like a red thread from one article to another: how best to empower people in the face of a changing world of work?
Labour market and wage developments in Europe - Annual review 2018
The Labour Market and Wage Developments in Europe report analyses the labour market from a macroeconomic perspective. It provides an analysis of recent employment and wage developments, looking at the euro area and the EU as a whole in comparison with its global trading partners.
The 2018 edition shows that job creation continued to progress in 2017 and the first half of 2018 and analyses the reasons behind this improvement. The report also focuses on short and long term determinants of moderate wage growth in the EU and on wage convergence in Central and Easter European member states.
Employment and Social Development in Europe - Quarterly Review - September 2018
In the first half of 2018, the EU's economy continued its expansion, yet slightly less dynamically than in 2017. 27 out of 28 Member States reported positive GDP growth. Since the beginning of 2018, the pace of economic growth has moderated, and most recent survey indicators point to lower sentiment and higher uncertainty. Despite of this, the outlook for the labour market is broadly positive. Employment continued to grow, with now 239 million people in employment in the EU. At the same time, unemployment continued to decline.