In 2024, employee compensation was the main component of income in the European Union (EU), accounting for 47.9% of GDP and 48.5% in the eurozone. This marked an increase of 0.9 and 0.8 percentage points (pp) respectively compared to 2023. Fourteen countries exceeded the EU average in this indicator, with Latvia (55.4%), Germany (54.5%), and […]

The European Union’s economy maintained its steady growth at the end of 2024 and into early 2025, with moderate GDP expansion and record employment levels. According to the latest data, the job vacancy rate remained stable, while labor market slack reached historic lows. In January 2025, unemployment remained at its lowest level since late 2024.

Inflation is an economic phenomenon that directly impacts citizens’ purchasing power and market stability. Over the past decade, the European Union has experienced significant changes in consumer prices, shifting from near-zero inflation rates to record highs due to various economic and health crises. A Decade of Inflationary Changes In 2015, inflation in the EU was

  Economic Landscape in the Eurozone and the EU: Mixed Picture with Sectoral Disparities and Labor Market Tension Growth and Stability Amid ChallengesIn Q4 2024, seasonally adjusted GDP modestly increased by 0.1% in the Eurozone and 0.2% in the EU, following a stronger 0.4% rise in the previous quarter. On an annual basis, GDP grew

In 2023, a total of 3.7 million women held leadership positions in the European Union, a significant increase compared to 3.1 million in 2014, according to the EU Labour Force Survey. Despite these advancements, women remain underrepresented in leadership roles. While they make up 46.4% of the total workforce in the EU, only 34.8% of

The European labor market shows signs of stability and improvement. According to Eurostat, in January 2025, the seasonally adjusted unemployment rate in the Eurozone stood at 6.2%, remaining stable compared to December 2024 and decreasing from 6.5% in January 2024. In the European Union (EU), the unemployment rate was 5.8%, also unchanged from the previous

Online shopping continues to establish itself as a dominant trend in the European Union. According to the latest annual survey on the use of ICT in households and by individuals, in 2024, 77% of internet users purchased goods or services online for personal use. This figure represents a significant increase compared to 59% in 2014,

Eurostat’s Business Cycle Clock (BCC) is a tool that illustrates the different phases of the euro area’s economic cycle through a clock-style graph. It represents the empirically observed sequence of turning points in the business, growth, and acceleration cycles. The clock relies on three synthetic indicators: the Growth Cycle Coincident Indicator (GCCI), the Business Cycle

The labor market started 2025 with a slight decline in Social Security enrollments. According to the latest data, the average number of enrollments in January stood at 932,421, reflecting a drop of 8,267 compared to December 2024. However, the year-on-year comparison offers a more positive outlook. Over the past 12 months, enrollments have increased by

On Thursday, February 6, José Miguel González Hernández, Director of Consulting and Commercial Management at Corporación 5, presented the Economic Outlook Report for La Palma Island for the 4th quarter of 2024. The presentation took place at the Teatro Chico in Santa Cruz de La Palma, in an event that brought together prominent representatives from