Eurostat: Lower employment in Serbia in Q3 of 2022

The employment rate of the extended workforce in the European Union (workers aged 20 to 64) was 74.7 percent in the third quarter, which is a stable development compared to the second quarter, according to data collated by EU Statistics Office (Eurostat).

While employment increased in nine EU Member States, it remained unchanged in Latvia, and it fell in 16 member states. The highest employment growth was recorded in Bulgaria (+0.8 percentage points), Belgium (+0.7 pp), Portugal and Cyprus (0.4 pp).

The largest decline in employment in the third quarter of 2022 was seen in Luxembourg and Ireland, each by 0.8 percent, as well as Germany, Croatia and Malta (all by -0.5 pp).

Eurostat data show that in this period, Serbia recorded a drop in employment of around 0.3 percent.

In regard to individual sectors, in the third quarter, compared to the same period of the previous year, hourly labour costs in the eurozone increased by 0.7 percent in industry, 2.2 percent in construction and 3.4 percent in services.

In the EU, hourly labour costs rose by 1.9 percent in industry, 3.1 percent in construction and 3.9 percent in the services sector.

(, 20.12.2022)

This post is also available in: Italiano

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