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November 19, 2019

The EU job vacancies remain unchanged in Q4 2017

job vacanciesThe European Union job vacancies remain unchanged in Q4 2017 at a level of 2%, according to the data from the statistical agency Eurostat. For the previous period from July to September, the indicator for the 28 member states was the same, although there was a slight increase on an annual basis. At the end of 2016, the vacancy rate was 1.8%.

In the Eurozone, there is a trend towards an increase in vacancies. In Q4 2017, the share of vacancies was also 2% – a minimum increase of 1.9% in the previous period. On an annual basis, there is also an increase, as in 2016 the indicator was close to 1.8%.

The share of vacancies in the EU was higher in services sector (2.3%), followed by industry and construction (1.8%). Similar is the trend in the Eurozone, where rates are 2.3% and 1.7%, respectively.

According to Eurostat, the countries with the highest percentage of vacancies are the Czech Republic (4.4%), Belgium (3.4%), Germany (2.8%) and the Netherlands and the United Kingdom (2.6%).

Earlier this month, the German Federal Employment Agency Institute announced that the number of vacancies in the country has reached a record high at the end of last year. In the fourth quarter of 2017 there were almost 1.2 million free jobs in the country. This is 128,000 more than the same period of the previous year and more than ever.

Bulgaria ranks at the opposite end of the spectrum, having one of the lowest shares – 0.8%. Similar is the situation with Southern European countries – Greece (0.1%), Spain (0.7%) and Portugal (0.8%).

According to Eurostat, the share of vacancies has increased in 23 Member States compared to the previous quarter, and has remained unchanged in two (Bulgaria and Spain) and has seen a decline in Greece and Romania.

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