Back
Register for SMS Alerts
or enter your details manually below...
First Name:
Last Name:
Email:
Password:
Hometown:
Birthday:
Sorry, we couldn't find that email.
Existing users
Email
Password
Sorry, we couldn't find those details.
Enter Email
Sorry, we couldn't find that email.

Germany, Malta only EU states with jobs growth from 2002

Employment rate for the population aged 20 to 64 in the EU28 down to 68.3% in 2013 •  Opposite trend for those aged 55 to 64

matthew_vella
Matthew Vella
19 May 2014, 11:43am
Among the EU member states, the evolution of the employment rate for the age group 20 to 64 between 2002 and 2013 has shown that only Germany and Malta had a nearly continuous growth in jobs over the whole period.

Latest data by Eurostat shows five broad groups: twelve member states (Bulgaria, Denmark, Ireland, Greece, Spain, Croatia, Italy, Cyprus, the Netherlands, Slovenia, Slovakia, Finland) showed the same evolution as the EU28 average, meaning an increase until around the financial crisis 2008 and then a decrease.

In nine (the Czech Republic, Estonia, France, Latvia, Lithuania, Hungary, Romania, Sweden, the United Kingdom), the employment rate rose until around 2008, then fell, but then recovered or partially recovered.

In four Member States (Belgium, Luxembourg, Austria and Poland), the employment rate rose until around 2008 and then remained almost stable

In Portugal, there has been an almost continuous fall since the beginning of the period while Germany and Malta showed a nearly continuous growth over the whole period.

The divergence of the employment rates across Member States has increased after the financial crisis, with a difference between the highest and the lowest employment rates of 19.4 percentage points in 2010 and of 26.6 pp in 2013.

The employment rate of the population aged 20 to 64 in the EU28 showed a clear pattern during the last decade: it rose steadily from 66.7% in 2002 to 70.3% in 2008, then fell with the financial crisis to 68.9%, and has since continuously decreased to 68.3% in 2013.

For the age group 55 to 64 in the EU28, the pattern is quite different: the employment rate has grown steadily from 38.1% in 2002 to reach 50.1% in 2013.

This information comes the 2013 results of the European Labour Force Survey.

In 2013, the highest employment rates for those aged 20 to 64 were observed in Sweden (79.8%), Germany (77.1%), the Netherlands (76.5%), Denmark (75.6%), Austria (75.5%), the United Kingdom (74.9%), Estonia and Finland (both 73.3%), and the lowest in Greece (53.2%), Croatia (53.9%), Spain (58.2%) and Italy (59.8%). In 2013, only Germany and Malta reached their Europe 2020 targets,

Continuous increase in employment rate for 55-64

For the age group 55 to 64, the evolution of the employment rate from 2002 and 2013 also differed at a Member State level. Four broad groups could be distinguished: twelve member states (Belgium, Bulgaria, Germany, France, Italy, Luxembourg, the Netherlands, Austria, Poland, Slovakia, Finland and Sweden) showed the same evolution as the EU28 average, with increases across almost the whole period.

In eleven (the Czech Republic, Denmark, Estonia, Ireland, Latvia, Lithuania, Hungary, Malta, Romania, Slovenia and the United Kingdom), the employment rate rose until around 2008, then fell, but then recovered or partially recovered. In four Member States (Greece, Spain, Croatia and Cyprus) an increase in their employment rate until around 2008 was followed by a continuous fall. In Portugal, there has been an almost continuous fall in the rate since 2002.

In 2013, the highest employment rate by far for those aged 55 to 64 was observed in Sweden (73.6%), followed by Germany (63.5%), Estonia (62.6%), Denmark (61.7%) and the Netherlands (60.1%). The lowest rates for this age group were registered in Slovenia (33.5%), Greece (35.6%), Malta (35.9%), Croatia (36.5%) and Hungary (38.5%).

matthew_vella
Matthew Vella is executive editor at MaltaToday.
DealToday
Latest Business News
Business Comment 10:58
Markets update, new investments for Google and Facebook and Netflix subscribers keep on rising
Business Comment 22-01
A recap of last week’s trading session and news for the week ahead 
Business News 22-01
It was a bumper year for the cruise liner industry, according to the National Statistics Office • Overnight stays almost doubled
Business Comment 19-01
Market recap, IBM’s systems business structure and soaring shares for GNC holdings 
Business News 19-01
Nominations for the 2018 Malta EY Entrepreneur of the Year™ Award will be accepted until 9 February 2018