EU Unemployment May 2022

15 comments
  1. Source: [Eurostat](https://ec.europa.eu/eurostat/documents/2995521/14644611/3-30062022-AP-EN.pdf/)

    An unemployed person is defined by Eurostat, according to the guidelines of the International Labour Organization, as:

    – someone aged 15 to 74 (16 to 74 years in some EU Member States);

    – not employed during the reference week according to the definition of employment;

    – currently available for work, i.e. available for paid employment or self-employment before the end of the 2 weeks following the reference week;

    – actively seeking work, i.e. had either carried out activities in the four-week period ending with the reference week to seek paid employment or self-employment or found a job to start within a period of at most 3 months from the end of the reference week.

    The unemployment rate is the number of people unemployed as a percentage of the labour force.

    Iceland 3,5%

    UK 3,7%

    Norway 3,2%

    United States 3,6%

    The data for Greece is for April.

  2. Sh*t, I confirm. I’m an Italian who just obtained my Master’s degree and haven’t been able to find a job in the entire European Union for more than one year now.
    I feel so useless…

  3. This is not a very good metric – it requires people to be **”actively looking for a job”** to count as unemployed. There is plenty of people who just stopped looking and rely on public help or family members.

  4. Czechia is curently missing thousands of workers, and companies have nobody to hire. Some people belived ukrainian workers were going to save the economy but it was a drop in the bucket. Low unemployment doesnt always equal good economy.

  5. Feels good ngl. Employers are getting desperate in Warsaw. The list of vacant positions at my office only gets longer

  6. Spain has severe unemployment problem, because Spain is overpopulated, believe it or not, it is truth. Spain now has 47 million people, amongst them 6 million are foreign born residents. When population of Spain has surpassed 50 million or more, unemployment problem will become more crucial.

    Never compare Spain with Germany, Spain has massive barren and semi-arid plateau thus cannot sustain high population density, without liveable natural condition and high population density, industry cannot develop well. If you do not believe, please look at New Zealand, population density of New Zealand is very low. Although New Zealand is mainly composed of British descendants, its geographical location is away from world industrial hub such as Europe, East Asia and North America, hence industry of New Zealand is less developed compared with Britain itself.

    One way for Spain to catch up with richer countries, is to control and reduce its population, to a reasonable size, just like Sweden, with only 10 million habitants and a lot of advanced sectors. Spain does have many advanced industries and financial industry, but it is not able to sustain 47 million habitants to live as rich as Swedes.

  7. If wages across entire Europe normalized and you could count for equal chances in every country, there would be much less unemployment, at least among young adults that are highly flexible and mobile. Unfortunately there are still substantial inequalities within EU when it comes to income and costs of living and language is a barrier as well for many. One day we may get past these barriers and have a (somewhat) uniform market, then our unemployment will drop across all countries.

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