& Events

Increased wage growth and swifter transitions from unemployment to employment

Oct 13, 2017 | News

(13 October 2017) – Today, the Commission published its yearly report on labour market and wage developments in Europe.

© European Commission

This year’s edition confirms the positive labour market trends that have been witnessed in the EU.

EU employment has surpassed pre-crisis levels with more than 235 million people at work.

Unemployment which now stands at 7.6% is also approaching levels prior to the recession. In addition, the report shows that it has become easier for unemployed people to find a job.

On the other hand, more flexible working arrangements have brought “advantages to both firms and individuals” according to the Commission, but have led in some cases to a divide between workers holding different types of contracts, with people in temporary employment and self-employment being less well protected.

More information