There were nearly 2.97 million non-fatal accidents at work in the EU in 2022, a 3% increase from 2.88 million in 2021 (+ 87 139 more non-fatal accidents). This increase is probably due to the economic restart in 2022 that followed the general slowdown related to the COVID-19 pandemic. In 2022, 3 286 work-related accidents were fatal, accounting for 0.1% of all […]
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A quarter of young people employed while in education
In 2023, 25.7% of young Europeans (aged 15-29) were employed during formal education. While 71.4% remained outside the labour force, 2.9% were available for employment and actively seeking employment (unemployed) while in formal education. This information comes from the Statistics Explained article on participation of young people in education and the labour market published by Eurostat today. Despite a […]
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EU aid worth €700,000 to support 632 dismissed workers in Belgium
632 employees of the machinery and paper enterprises Purmo and Sappi who lost their jobs should receive €700,000 in EU aid. On Thursday, the Committee on Budgets approved Belgium’s request for €704,135 in EU aid through the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will support 632 former workers from machinery and paper enterprises […]
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More than 3742 European Labour Authority inspections carried out recently
An EU wide large-scale enforcement action to inspect compliance with wage rules took place in Austria, Czechia, Estonia, Germany, Lithuania, Poland, Portugal and Slovakia. 21 EU countries in total participated, supported by the European Labour Authority. More than 3 742 labour inspectors were involved in checking 1 615 employers and 14 122 employees. The main […]
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European Labour Authority publishes report on labour mobility challenges in the HORECA sector and launches new initiatives
The Hotel, restaurant and catering, Horeca sector is an important sector of the EU economy. In 2023, the tourism industries, including Horeca, employed over 10.4 million workers in the EU, accounting for about 5.1% of all workers aged 15-64 years. The overwhelming majority of these workers are engaged in the Horeca sector. Horeca is particularly […]
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Employment rate up, labour market down in Q2 2024
In the second quarter of 2024, the employment rate of people aged 20-64 in the EU stood at 75.8%, an increase of 0.2 percentage points (pp) compared with the first quarter of 2024. Labour market slack – encompassing those with unmet employment needs, a large part of which includes unemployed persons – amounted to 11.0% of the extended labour force aged 20-64 in […]
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European Semester 2024: Council agrees on country- specific recommendations
Today, the Council agreed its country-specific recommendations on the economic, social, employment, structural and budgetary policies of each member state. This step is part of the 2024 European Semester process, which enables member states to coordinate their economic, employment and fiscal policies. This year the European Semester cycle will be aligned with the provisions of […]
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Eurostat: Drop in youths neither working nor studying
In 2023, more than one in ten (11.2%) young people aged 15 to 29 in the EU were neither in employment nor in education or training (NEET), a decrease of 0.5 percentage points (pp) compared with 2022. Over the last ten years, there was a noticeable decrease in the NEET rate among people aged 15 to 29. In 2013, the […]
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Spain: EIB and Banco Sabadell sign guarantee agreement to facilitate up to €400 million in new financing for SMEs and mid-caps
The signed agreement worth up to €200 million is the first tranche of an EIB-approved operation of up to €300 million in total — under which Banco Sabadell will finance projects over the next two years. The operation will promote private sector investment and support the financing needs of a key segment of the Spanish economy […]
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