European Labour Market Barometer tracks trends in employment across the EU and showed a slight decline in September 2024.
There’s a slight decline of 0.1 points in September compared to the previous month. The leading indicator of the European Network of Public Employment Services and the IAB is therefore in slightly pessimistic territory at 99.5 points. The unemployment component fell by 0.2 points in September compared to the previous month and stands at 98.5 points. The unfavourable trend in unemployment thus continues. Employment, on the other hand, is holding steady, but only slight increases are expected. The employment component increased slightly by 0.1 points to 100.6 points in September. “The European Public Employment Services continue to expect a subdued labour market development,” reports Enzo Weber, IAB head of forecast.
This could signal caution among employers, but the overall labor market remains resilient. The tool provides insights into how job markets are evolving in different sectors.
The next release date is 28 October 2024. We help analyze the job market, for more details about our services, the business assistant will provide further information
