Details
- Publication date
- 19 December 2024
- Author
- Directorate-General for Employment, Social Affairs and Inclusion
Description
The Labour Market and Wage Developments in Europe report provides an in-depth analysis of recent labour market and wage developments in the EU, the euro area and Member States, primarily from a macroeconomic perspective.
This year’s edition examines the recent performance of the EU labour market and the challenges ahead in the context of subdued economic growth and ongoing structural changes. It investigates the underlying drivers and weaknesses of the remarkable labour market resilience since 2019.
The report also discusses recent wage developments and the persistent social effects of the high inflation period in 2022-2023 and analyses the room for further sustainable wage increases.
Finally, the report looks into how to further promote the labour force participation and employment of older adults.
