One in five EU unemployed citizens found employment in 1st quarter of 2016

Only one in five (19.5%) EU unemployed citizens found employment in the first quarter of 2016. While 3.9 million unemployed European Union (EU) citizens found work, representing 19.5%, 63.2% were still unemployed, and a further 17.3% were ‘economically inactive.’

Economic inactive individuals are neither employed nor unemployed – they are students, pensioners, and home husbands/wives/partners, for example – i.e. those who are not working and not looking for work. Of the people who are economically inactive, 106.1 million (93.3%) remained inactive, while 6.7% entered the workforce. Of the 6.7% who entered the workforce, 3.6 million (3.1%) were also employed in the second quarter but 4.1 million 3.6% transitioned to ‘unemployed’ in the second quarter.

Of the EU citizens who were already employed in the first quarter of 2016, 170.8 million (97.3%) remained in employment and 2 million (1.2%) were employed in the second quarter but not the third quarter, and 2.7 million (1.5%) transitioned into economic inactivity in the second quarter.

Studies of the unemployed, employed, and economically inactive provides the labour market with the degree of flexibilty between them, and whether people are flowing, or transitioning, from one category to the other, or remaining stagnant.

European Union Member States that have relatively low unemployment and a high transition into employment include Denmark, Estonia, and Sweden.

European Union Member States that have relatively high unemployment and high transition into employment are Cyprus, Croatia, and Portugal.

EU Member States with relatively high unemployment and low transition into employment are Greece, Spain, and Italy.

EU Member States with relatively low unemployment and low transition into employment are Romania, Bulgaria, and Ireland.

Finchannel.com (28 November 2016)

MARTINA NICOLLS is an international aid and development consultant, and the author of:- The Shortness of Life: A Mongolian Lament (2015), Liberia’s Deadest Ends (2012), Bardot’s Comet (2011), Kashmir on a Knife-Edge (2010) and The Sudan Curse (2009).

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