News

The European labour market remains resilient, with low unemployment levels, despite a decline in employment growth, according to the Commission's Labour Market and Wage Developments in Europe report.

The Commission’s 2025 Employment and Social Developments in Europe (ESDE) report highlights the importance of better integrating underrepresented groups - women, older people, migrants and persons with disabilities - into the job market to mitigate skills and labour shortages.

The European Commission has published its 2024 annual review of labour markets and wage developments in Europe. The report shows that the EU labour market remained strong in 2023, despite economic slowdown, with historically low unemployment and 5.5 million jobs created since 2019.

Social investments and reforms in key areas can boost employment, social inclusion, competitiveness and economic growth. This is the main finding of the Commission’s 2024 Employment and Social Developments in Europe (ESDE) report.

The Employment and Social Innovation Programme (EaSI), which financed a wide range of activities in the period 2014-2020, was the most suitable instrument for developing EU-wide tools and actions on social innovation and employment.

A new Eurobarometer survey published today confirms that 88% of European citizens consider a social Europe to be important to them personally.

The results confirm the positive impact of these two key EU initiatives fostering transparency and a common understanding of qualifications and skills across Europe in the education and employment sectors.

This Peer Review, hosted by the Spanish Ministry of Inclusion, Social Security, and Migration took place on 28-29 November 2023 in Madrid.

This year’s report on Labour Market and Wage Developments in Europe assesses the situation and prospects for the EU labour market, in an economic context characterised by persistently high inflation and unfading uncertainty.