A record few unemployed in our country

17.09.2024

A RECORD FEW UNEMPLOYED IN OUR COUNTRY

In the second quarter of 2024, the share of job vacancies in the European Union fell to 2.4 percent of all jobs, compared to 2.6 percent in the previous first quarter. This is shown by the latest data of Eurostat, published on the website of the statistical agency.

For the same period, vacancies in the Eurozone were 2.6 percent, which is a drop from the 2.9 percent reported for the previous quarter. In the EU, job vacancies in the second quarter were 2.2 percent in industry and construction and 2.7 percent in the services sector. In the currency union, these shares were 2.3 and 2.9 percent, respectively, in industry and construction and in services.

Among EU members for which data are available, the highest vacancy rates in the second quarter of 2024 were recorded in Belgium and the Netherlands (4.4 percent each) and Austria (4 percent).

In contrast, the fewest vacancies were registered in Romania (0.7 percent), Bulgaria (0.8 percent), Poland and Spain (0.9 percent each).

Compared to the same quarter of the previous year, the job vacancy rate increased in six Member States, remained unchanged in another three Member States and decreased in eighteen. The largest increase was observed in Greece (+0.9 p.p.). The largest decline was recorded in Germany (-1 pp), Austria (-0.9 pp) and Sweden (-0.8 pp).