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Labour Market Context

The information available under Labour Market Context examines a range of labour market and economic indicators, such as the employment rate and the GDP, providing you with the all-important context to assess skill needs.

Conditions in various European economies and labour markets will explain much about the demand for, and supply of skills. For instance, employment levels are significantly determined by the economic cycle: if economic growth is strong with employment rising rapidly, you may expect – other things being equal –an increase in skill demand. Following the economic crisis, economic recovery has been slow but fairly resilient and widespread across Member States, yet with considerable variation. Nonetheless, in the EU, employment is forecast to surpass the 2008 pre-crisis level only in 2020.

Unemployment rate across countries in 2015

Source:Eurostat
Indicator:Unemployment rate

The unemployment rate indicates the percentage of unemployed people over the labour force (employed and unemployed people). 


The economy

Between 2010 and 2015  the EU economy grew by 1.0%.  The countries where the economy grew most during this period were:

1. Ireland ( 6.5%)
2. Malta (3.7%)
3. Latvia    (3.7%)
4. Estonia (3.6%)
5. Lithuania (3.6%)

Labour Market Participation

The percentage of the population aged 15 to 64 years in the EU that was economically active in 2015 was 57.7%.  

The five countries with the highest activity rates in 2015 were:

1. Sweden ( 72.0%)
2. Netherlands (64.4%)
3. United Kingdom (62.7%)
4. Cyprus (62.3%)
5. Denmark (62.2%)

Employment

The employment rate in the EU in 2015 was 70.0%.  

The five countries with the highest employment rate in 2015 were:

1. Sweden ( 80.5%)
2. Germany (78.0%)
3. United Kingdom (76.9%)
4. Estonia (76.5%)
5. Denmark (76.5%)

Unemployment

Unemployment in the EU in 2015 was 9.4%.  

The countries where unemployment was lowest in 2015 were:

1. Germany (4.6%)
2. Czech Republic (5.1%)
3. United Kingdom (5.3%)
4. Malta (5.4%)
5. Austria (5.7%)

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Related indicators

Activity rate across countries in 2015

Source:Eurostat
Indicator:Activity rate

The activity rate indicates the percentage of the active population (employed and unemployed people) over the population aged 15+.

Part-time employment rate across countries in 2015

Source:Eurostat
Indicator:Part-time employment

The part-time employment indicates the percentage of part-time workers over total employment.

Employment rate by age group 20-64 across countries in 2015

Source:Eurostat
Indicator:Employment rate

The employment rate indicates the percentage of people in employment over the population aged 20-64.

 

Long-term unemployment rate across countries in 2015

Source:Eurostat
Indicator:Long-term unemployment rate

The long-term unemployment rate indicates the percentage of people unemployed for 12 months or longer over total unemployment.

FIND EMPLOYMENT OPPORTUNITIES THROUGHOUT EUROPE