Q4 2023 Reveals 3.2 Million Unemployed Securing Jobs Amidst Transition in the EU

March 18, 2024

Labour market flows in Q4 2023

The information comes from recently published data on labour market flows in the fourth quarter of 2023. This article presents a handful of findings from the more detailed Statistics Explained article.

Transitions in labour market status in the EU, Q3 2023 - Q4 2023, population aged 15-74, in millions. Chart. See link to full dataset below

The visual and table give an overview of all possible transitions and show the changes in labour market status. In the visual, the figures for employment, unemployment and out of the labour force refer to the number of people remaining in each status between the two quarters. The grey arrows indicate the direction of net flows (see methodological notes).

Transitions in labour market statusin the EU, Q3 2023 - Q4 2023, population aged 15-74, as % of initial status. Chart. See link to full dataset below.

Of all those in employment in the third quarter of 2023, 2.5 million (1.2%) became unemployed in the fourth quarter of 2023, and 4.9 million (2.4%) transitioned out of the labour force.

From those counted as out of the labour force in the third quarter of 2023, 5.2 million (4.5%) moved into employment in the fourth quarter of 2023 and 4.1 million (3.5%) transitioned into unemployment.


Source: Eurostat
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By |2024-03-18T09:13:02+03:0018 March 2024|News|0 Comments

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