GERMANY WAS IN THE TOP-3 EU COUNTRIES WITH THE HIGHEST EMPLOYMENT, POLISH BACK PASSETS
The employment rate of people between the ages of 20 and 64 in the EU last year reached a new peak – 73.2%. This is 1% more than in 2017. Moreover, 13 member states of the European Union (and Germany, including) have already reached their employment levels, which they planned for 2020.
The tendency to increase the level of employment is visible among both men and women. The employment rate for men in the EU last year was 79.0%, the rate has been growing steadily since 2013. As for women, their employment rate has been constantly increasing since 2010 and in 2018 reached 67.4%.
Similarly, the employment rate of people aged 55 to 64 years in the EU increased from 38.4% in 2002 to 58.7% in 2018. The increased participation of older workers is also one of the objectives of the EU labor market strategy.
Compared with 2017, the employment rate among people aged 20 to 64 years in 2018 increased in all EU member states. It grew most strongly in Cyprus (+3.1 percentage points), in Finland (+2.1 percentage points), Latvia, Malta, Portugal and Slovenia (all +2.0 percentage points).
The employment rate above 75% was recorded in Sweden (82.6%), the Czech Republic and Germany (79.9%), Estonia (79.5%), the Netherlands (79.2%), the UK (78.7%), Denmark (78.2%), Lithuania (77.8%), Latvia (76.8%), Finland (76.3%), Austria (76.2%), Portugal and Slovenia (both 75.4%) .
On the other hand, the lowest level of employment is observed in Greece (59.5%), although over the year it grew (+1.7 pp), followed by Italy (63.0%, +0.7 pp .), Croatia (65.2%, +1.6 percentage points), as well as Spain (67.0%, +1.5 percentage points).
Poland is in this list in the TOP-10 outsiders.
Also in the EU, the employment rate of older people is growing from 38.4% in 2002, the employment rate of people aged 55 to 64 years old has reached 58.7% in 2018. The growth was more significant for women (from 29.1% in 2002 to 52.4% in 2018) than for men (48.2% in 2002) versus 65.4% in 2018). As a result, the gap between the employment rate of women and men between the ages of 55 and 64 in the EU narrowed from a difference of -19.1 percentage points. in 2002, the difference was -13.0 pp in 2018.
More than 70% of people between the ages of 55 and 64 have jobs in Sweden, Germany and Denmark.
The highest level of employment for this age group was observed in Sweden (77.9%), ahead of Germany (71.4%), Denmark (70.7%), Estonia (68.9%), Lithuania (68.5%) and the Netherlands (67.7%). On the other hand,
The lowest employment rates were recorded in Luxembourg (40.5%), Greece (41.1%) and Croatia (42.8%). Poland is sixth in the list.
Recall, Germany is preparing its national labor market for Ukrainians