EU employment rate by country 2022 | Statista (2024)

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EU employment rate by country 2022 | Statista? ›

In 2022, 75% (193.5 million) of the EU's 20-64-year-olds were employed, the highest share recorded since the start of the time series in 2009.

In 2022, 75% (193.5 million) of the EU's 20-64-year-olds were employed, the highest share recorded since the start of the time series in 2009.

Employment-to-population ratio in OECD countries 2022

The adult employment-to-population in 2022 was higher in Iceland than any other Organization for Economic Cooperation and Development (OECD) country, at 83.3 percent. The Netherlands ranked second with nearly 82 percent. On the other hand, it was lowest in Türkiye.

In 2022, unemployment rates (for people aged 15-74 years) in the EU regions ranged from 1.2 % in Central Bohemia (Czechia) to 28.4 % in Ceuta (Spain).

Norway: considered ideal for think-thank jobs, Norway has a very high employment rate, not to mention it's one of the wealthiest countries in the world. The UK: while part-time work does not have a high score in the UK, the country still ranks third because of low unemployment rates.

At its simplest, the argument is that unions set wages too high and this reduces the demand for labour below the number who would like to work, thus causing what is sometimes called 'classical' unemployment.

Unemployment rates in EU

Data ranges from 2.7 to 12.7. End of interactive chart. The youth unemployment rate was 13.8% in the EU . The lowest rates were observed in Germany with 6.1% and the Netherlands with 7.9%, while the highest were recorded in Spain (28.4%), Greece (27.4%) and Sweden (21.0%).

Of the major developed economies, Japan had the highest employment rate in the last quarter of 2023, with 78.6 percent of the working age population engaged in paid employment. This is perhaps not surprising, given the country's famously low fertility rate.

What is the EU unemployment rate? ›

Unemployment in the EU and the euro area

In April 2023, the euro area seasonally-adjusted unemployment rate was 6.5 %, down from 6.6 % in March 2023 and from 6.7 % in April 2022. The EU unemployment rate was 6.0 % in April 2023, stable compared with the previous month and down from 6.1 % in April 2022.

In 2022, the unemployment rate of people aged 15-74 in the EU was 6.2%. However, the rate varied across the EU's NUTS 2 regions. The lowest unemployment rates were recorded in Central Bohemia (1.2%), Prague (1.6%), South-East and South-West in Czechia as well as Central Transdanubia in Hungary (all 1.7%).

Latest data on Unemployment Rate (%)

Unemployment Rate in European Union remained unchanged at 6 % in April 2023. The maximum rate was 11.5 % and minimum was 6.4 %. Data published Monthly by Eurostat.

1. Germany. Germany has remained consistently at the top of many lists for the past three years, and rightly so.

In September, Latvia reported the highest unemployment rate in Europe, a whopping 19.7%. It's followed by Spain at 19.3%, according to Eurostat. Lithuania, Estonia and Ireland round out the top five at 13.8%, 13.3% and 13%, respectively, though Lithuania and Estonia's rates reflect Q2 numbers, the latest available.

Switzerland has more potential for economic growth than any other country in the world, according to new research.

a number of barriers to (re-)enter the labour market.

In particular low-educated and low-skilled young people and people with a migrant background struggle to find employment. The capacity of the Swedish labour market to absorb the large influx of migrants remains to be seen.

Europe's labour problem: More than 27 million unemployed or underemployed in the EU in 2022. Some 27.5 million people in the EU's labour force could not work the hours they desired in 2022.

In 2021, the Palestinian Territories had the lowest employment-to-population ratio worldwide at less than 32 percent. Iraq had the second lowest ratio, whereas Morocco, South Africa, and Moldova all had just below 40 percent.

Does the US have a low employment rate? ›

The labor force participation rate was unchanged at 62.6 percent, remaining at its highest level since March 2020. The unemployment rate in the United States edged down to 3.4 percent in April 2023, matching a 50-year low of 3.4 percent seen in January and below market expectations of 3.6 percent.

The United States ranks 39th in our comparison of 64 countries. A bit surprising is the end if the table: Qatar, Cocos (Keeling) Islands and Cambodia have an astonishing unemployment rate below one percent. But as always, statistics like this should be taken with caution.

Causes. Spain suffers a high level of structural unemployment. Since the economic and financial crisis of the 1980s, unemployment has never dipped below 8%. One leading cause is an economy based mostly on tourism and building sectors, as well as lack of industry.

Employment Rate in Germany averaged 69.21 percent from 1992 until 2023, reaching an all time high of 77.30 percent in the second quarter of 2022 and a record low of 63.40 percent in the first quarter of 1997.

As a result, there are no real-world examples of full employment. Countries work to increase employment towards full employment and lower the rate of unemployment.

With a payroll-to-population of just 6%, Haiti is the sole country located in the Western Hemisphere among the nine nations where it is hardest to find full-time work.

Highlights. In 2022, 95.3 million people in the EU were at risk of poverty or social exclusion; this was equivalent to 21.6 % of the EU population.

And this is not the case in every European country, as policies differ slightly from place to place, but overall unemployment has been much higher in Europe than in the United States. Some countries also have a different measure of unemployment than the United States or other European countries.

Highlights. Euro area annual inflation was 6.1 % in May 2023, down from 7.0 % in April 2023. The figures presented in this article are the actual Harmonised Index of Consumer Prices (HICP).

Which country has a consistently higher unemployment rate? ›

In 2021, South Africa had the highest unemployment rate in the world, at 34 percent. Of the 10 countries with the highest unemployment rates, eight were in Sub-Saharan Africa.

Switzerland Unemployment Rate is updated monthly, available from Jan 1991 to Mar 2023, with an average rate of 4.16%. The data reached an all-time high of 5.94% in Feb 2021 and a record low of 1.53% in Jan 1991. The data is reported by reported by Swiss Federal Statistical Office.

Breakdown of G20 countries with the highest youth unemployment rates 2022. The youth unemployment rate of South Africa was over 50 percent in 2022, the highest of any G20 country. India, Italy, and Saudi Arabia followed, all with youth unemployment rates between 23 and 24 percent.

A healthy economy maintains an unemployment rate that hovers between 3% and 5%. The Bureau of Labor Statistics maintains six different unemployment rates which have separate definitions of unemployment.

Getting a work visa in Luxembourg is relatively easy, and the country offers a number of options from short-term to long-term. Although it's a small European country, Luxembourg has had the highest minimum wage and the lowest unemployment rate in Europe for the past 40 years.

Is It Difficult for Americans to Get Jobs in Europe? Although it may seem pretty intimidating, getting a job in Europe isn't as hard as you think. Due to the risk involved, local employers will generally prefer local workers over foreigners. It's a good idea to focus your job search by looking for talent shortages.

American workers spend more time on the clock than employees in other developed countries, and it adds up: U.S. workers typically put in 400 more hours on the job every year compared to our counterparts in Germany. A new report from the International Labour Organization (ILO), which is a U.N.

Hard work is an American ideal, but the United States isn't technically the hardest working country in the world. In fact, the typical American worker works an average of 38.7 hours per week.

Germany is home to one of the shortest average working weeks in Europe. According to the World Economic Forum (WEF), the average working week is 34.2 hours.

Among European Union countries in April 2023, Spain had the highest unemployment rate at 12.7 percent, followed by Greece at 11.2 percent. By contrast, Czechia has the lowest unemployment rate in Europe, at 2.7 percent.

What is the best European country to live in as an American? ›

Spain. There are numerous reasons why, for many American expats, Spain tops the list of best countries in Europe to live in. For a start, the country boasts a diverse and rich culture and quality of life, with something to offer everyone.

1. Sweden. Sweden is the top country in 2022 best quality of life rankings. The country stands out in the ranking of quality of life for health systems and well-developed public education, security, economic stability, and politics.

In 2022, it was estimated that over 158 million Americans were in some form of employment, while 3.64 percent of the total workforce was unemployed. This was the lowest unemployment rate since the 1950s, although these figures are expected to rise in 2023 and beyond.

Unemployment in the EU and the euro area

In April 2023, the euro area seasonally-adjusted unemployment rate was 6.5 %, down from 6.6 % in March 2023 and from 6.7 % in April 2022. The EU unemployment rate was 6.0 % in April 2023, stable compared with the previous month and down from 6.1 % in April 2022.

This graph shows the civilian labor force participation rate in the United States from 1990 to 2022. In 2022, about 62.2 percent of the American population, eligible to work, participated in the job market.

In the real world, an unemployment rate of 5% or lower is often considered full employment.

In general, a high ratio is considered to be above 70 percent of the working-age population whereas a ratio below 50 percent is considered to be low.

(See table A-12.) The labor force participation rate held at 62.6 percent in May, and the employment-population ratio, at 60.3 percent, was little changed. (See table A-1.) The number of persons employed part time for economic reasons, at 3.7 million, changed little in May.