Labour Market Monitor 2023. An EU-Wide Labour Market Monitoring System Updated Annually. Executive Summary: EU in a Nutshell

Ulrike Huemer and Helmut Mahringer
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Ulrike Huemer: WIFO
Helmut Mahringer: WIFO

in WIFO Studies from WIFO

Abstract: The report is an update of a set of labour market indices first developed and tested in 2010 in collaboration with experts of the Vienna Chamber of Labour (AK). The key labour market dimensions considered are: overall labour market performance, participation of different groups of people, exclusion risks on the labour market, distribution of earnings and redistribution by the welfare state. The present update summarises the results of the monitoring system, based on data predominantly from 2022. It thus provides a descriptive insight into the different ways in which EU countries have been affected by the COVID-19 pandemic. Among the EU member countries, Denmark performs best, with a position in the top field in all five dimensions. The Netherlands, Slovenia and Luxembourg are among the top performers or at least in the upper middle field in all five dimensions. Bulgaria, Greece, Latvia, Portugal, Romania, and Slovakia are in the lower middle field or in the bottom field in all five dimensions.

Date: 2024 Written 2024-05-07
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