In the third quarter of 2024, the employment rate of people aged 20-64 in the EU stood at 75.9%, an increase of 0.1 percentage points (pp) compared with the second quarter of 2024.
Labour market slack - encompassing those with unmet employment needs, a large part of which includes unemployed persons - amounted to 10.9% of the extended labour force aged 20-64 in the third quarter of 2024 (a decrease of 0.1 pp compared with the second quarter of 2024).
This information comes from data on the labour market in the third quarter of 2024 published today by Eurostat. This article presents only a handful of findings from the more detailed Statistics Explained article.
Source datasets: lfsi_emp_q and lfsi_sla_q
Between the second and the third quarter of 2024, Malta (+1.4 pp), Romania (+0.6 pp) and Ireland, Italy and Cyprus (each +0.5 pp) registered the highest increases in the employment rate among the 10 EU countries where employment rose. The employment rate remained stable in Latvia and the Netherlands and decreased in 15 EU countries, with the biggest decreases recorded in Luxembourg (-1.0 pp), Slovenia (-0.9 pp) and Estonia (-0.7 pp).
Source dataset: lfsi_emp_q
Source: Eurostat, https://ec.europa.eu/eurostat/product?code=ddn-20241213-1
