EUROSTAT publishes employment rate increases and labor market activity decreases in the third quarter of 2024

EUROSTAT publica La tasa de empleo aumenta y la actividad del mercado laboral disminuye en el tercer trimestre de 2024


In the third quarter of 2024, the employment rate of people aged 20 to 64 in the EU stood at 75.9%, an increase of 0.1 percentage points (pp) compared to the second quarter of 2024.

Labor market slack – which includes those with unmet employment needs, a large portion of which includes unemployed people – amounted to 10.9% of the expanded labor force aged 20 to 64 in the third quarter of 2024 (a decrease of 0.1 pp compared to the second quarter of 2024).

Between the second and third quarters of 2024, Malta (+1.4 pp), Romania (+0.6 pp) and Ireland, Italy and Cyprus (each +0.5 pp) recorded the largest increases in the employment rate among the 10 EU countries where employment increased. The employment rate remained stable in Latvia and the Netherlands and decreased in 15 EU countries, with the largest decreases recorded in Luxembourg (-1.0 pp), Slovenia (-0.9 pp) and Estonia (-0.7 pp)

More information at EUROSTAT

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