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Employment rate of people aged 20-64 in EU 75.4% in Q2 2023

19 Sep '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • The employment rate of those aged 20-64 in the EU stood at *.* per cent in Q2 ****—a rise of *.* percentage points (pp) over the Q1 figure.
  • Labour market slack was *.* per cent of the extended labour force aged 20-64 in Q2—a *.*-pp fall over the Q1 figure.
  • The Q2 hourly labour costs rose by *.* per cent year on year in the euro area and * per cent YoY in the EU.

Labour market slack amounted to **.* per cent of the extended labour force aged **-** in Q* ****—a fall of *.* pp over the Q* figure.

Between Q* and Q* ****, *.* million unemployed people in the EU (** per cent of all unemployed in Q* ****) found a job. During this period, *.* million (**.* per cent) remained unemployed, and *.* million unemployed people (**.* per cent) transitioned out of the labour force.

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