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30/5/2017  
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EMPLOYMENT
Eurostat

Euro area job vacancy rate at 1.7%


The job vacancy rate in the euro area (EA19) was 1.7% in the fourth quarter of 2016, up from 1.6% recorded in both the previous quarter and the fourth quarter of 2015, according to figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU28 was 1.8% in the fourth quarter of 2016, stable compared with the previous quarter and up from 1.7% in the fourth quarter of 2015.
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In the euro area, the job vacancy rate in the fourth quarter of 2016 was 1.3% in industry and construction, and 2.0% in services. In the EU28, the rate was 1.4% in industry and construction, and 2.1% in services

Among the Member States for which comparable data are available (see country notes), the highest job vacancy rates in the fourth quarter of 2016 were recorded in the Czech Republic (3.0%), Belgium (2.9%), Germany (2.6%) and the United Kingdom (2.5%), and the lowest in Greece (0.3%), Cyprus (0.6%), Spain, Poland and Portugal (all 0.7%) and Bulgaria (0.8%). Compared with a year ago, the job vacancy rate in the fourth quarter of 2016 rose in twenty-three Member States, remained stable in four and fell in Cyprus (-0.1 percentage points). The largest increases were registered in Belgium and Croatia (both +0.7 pp), the Czech Republic (+0.6 pp), Latvia and Slovenia (both +0.5 pp).

Other issues Employment
OECD unemployment rate down to 6.1%
€1.8m for 800 former retail workers in the Netherlands
Monthly minimum wages below €500 in east and well above €1000 in northwest
Euro area unemployment at 9.8%- EU28 at 8.3%
European Social Fund has helped almost 10 million Europeans to find a job between 2007 and 2014
Youth Forum launches campaign #4YouthWork!
More employment and less poverty according a European review of employment
Top business schools in Europe, according to the Financial Times
European leaders reaffirm their will to fight youth unemployment
Euro area job vacancy rate at 1.6%- EU28 rate at 1.8%

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