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Commission report says #employment and social situation continue to improve in EU

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Supported by strong economic growth, employment in the EU increased more strongly than expected in the third quarter of 2017 and is still accompanied by falling unemployment according to the latest quarterly report on the evolution of the labour market, employment and social situation in Europe.

Employment, Social Affairs, Skills and Labour Mobility Commissioner Marianne Thyssen said: "Growth is back in Europe. Employment in the EU reaches the highest level ever, with more than 236 million people in employment. As for unemployment, it is constantly decreasing. We must make the most of this economic dynamic to give citizens the new and more effective rights we have defined in the European Pillar of Social Rights: fair working conditions, equal access to the labour market and social protection decent. We must now ensure that all citizens and workers can benefit from these positive developments in the labour market.

"Over one year, employment increased by 1.7% in the EU, which represents 4 million people, 2.7 million of them in the eurozone. This increase is mainly fueled by full-time and indeterminate jobs. The employment rate of 20-64 year olds in the EU has steadily increased in the past three years to 72.3% in the third quarter of 2017, the highest level ever. However, large disparities remain between the member states. Other labour market indicators included in the quarterly report, such as labor productivity and the financial situation of European households, also confirm the improvement in the European economy."

More information is available in this press release.

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