| Author (Corporate) | European Commission: DG Employment Social Affairs and Inclusion |
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| Publisher | EU |
| Publication Date | 13/10/2017 |
| ISBN | 978-92-79-71903-5 |
| ISSN | 2443-6771 |
| EC | KE-BN-17-001-EN-N |
| Content Type | Report |
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Background and further information: This edition of the report confirms the positive labour market trends across the European Union. Employment surpassed pre-crisis levels with more than 235 million people at work. Unemployment stood at 7.6%, also approaching levels prior to the recession. In addition, the report shows that it has become easier for unemployed people to find a job. On the other hand, more flexible working arrangements brought advantages to both firms and individuals, but also led in some cases to a divide between workers holding different types of contracts, with people in temporary employment and self-employment being less well protected. The document also shows that in 2016, wages in the euro area rose by 1.2% and they increased in almost all Member States. Member States with comparatively low wage levels (such as the Baltics, Hungary and Romania) recorded the highest increases. However, in many countries, the growth rate of wages was still lower than expected based on the falls in unemployment. In addition, in almost all Member States, wages of temporary workers were lower than those of permanent workers, especially in Member States where the share of temporary employment is higher. The European Commission published in October 2017 ts yearly report on Labour Market and Wage Developments in Europe. The report analyses the labour market from a macroeconomic perspective. It provides an analysis of employment and wage developments, looking at the euro area and the EU as a whole in comparison with its global trading partners. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2767/06473 |
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| Subject Categories | Employment and Social Affairs |
| Countries / Regions | Europe |
