• Posted 26-Aug-2016

15% of unemployement persons in the EU found a job

On 26 August 2016, Eurostat, the statistical office of the European Union, published quarterly labour market flows, based on non-seasonally adjusted labour market data from the European Union Labour Force Survey. Labour market flows show the movements of individuals between employment, unemployment, and economic inactivity. In order to ensure comparability, data published by Eurostat are based on a harmonised methodology.

For instance in the EU, the proportion of persons moving from unemployment to employment from the fourth quarter 2015 to the first quarter of 2016 increased by 1.6 percentage point (pp) compared with the flows between the same two quarters of 2014/2015, while the share of those remaining unemployed decreased by 2.6 pp.

Out of all persons in the European Union (EU) who were unemployed in the fourth quarter 2015, 65.7% (13.0 million persons) remained unemployed in the first quarter 2016, while 15.4% (3.0 million) moved into employment and 18.9% (3.7 million) towards economic inactivity in Q1 2016. Of all those initially in employment, 96.2% (169.7 million persons) remained in employment, while 1.7% (2.9 million) of those employed in the fourth quarter 2015 were observed to be unemployed in the first quarter 2016, and 2.2% (3.8 million) transitioned into economic inactivity.

More information: http://tinyurl.com/gslo549