Published June 5, 2023 | Version v1
Journal article Open

The Employment Rate in Europe

  • 1. Lum University Giuseppe Degennaro

Description

The average value of the employment rate for European countries grew between 2009 and 2022 by a value equal to 7.6 units equal to a value of 11.08%. The value of the employment rate has constantly grown between 2010 and 2019 going from an amount of 68.31% up to a value of 74.97%. However, between 2019 and 2020 the value of the employment rate decreased from an amount of 74.97% to a value of 73.97%. However, in the following years the value of the employment rate grows on average up to a maximum value of 76.82%. Covid 19 has reduced the average occupancy rate. The reasons that lead some countries to have an employment rate lower than the European average refer to the presence of undeclared work, the informal economy, the illegal economy. Certainly the lack of an adequate culture of legality can partly explain the divergence in employment rates between the countries of Central-Southern and Eastern Europe compared to the countries of Central-Northern Europe.

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