Fewer women outside the labour market in the EU
According to the data published by Eurostat, the statistical office of the European Union, the share of persons outside the labour market (meaning persons being neither employed or unemployed) of the working age population (aged 15-64) in the EU was 31.4% in 2002 and reached a new low of 26.3% in 2018. The decrease in persons outside the labour market is mainly explained by the rising participation of working women.
The share of women outside the labour market fell by 7.7 percentage points (p.p.), during 2002-2018 from 39.5 % to 31.8 %, while the share of men outside the labour market decreased by only 2.4 p.p. (from 23.2 % in 2002 to 20.8 % in 2018).
The population outside the labour market in the age group 55-64 has experienced the strongest decrease since 2002. The share of men outside the labour market aged 55-64 fell by 17.7 p.p. (from 48.6 % in 2002 to 30.9 % in 2018) and by 24.5 p.p. for women (from 69.3 % in 2002 to 44.8 % in 2018).
Source: Eurostat / Link: https://ec.europa.eu/eurostat/web/products-eurostat-news/-/DDN-20191129-1?inheritRedirect=true&redirect=%2Feurostat%2Fnews%2Fwhats-new
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.