employment – Muhasebe News https://www.muhasebenews.com Muhasebe News Mon, 08 May 2023 07:14:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Recent job starters in the EU saw a slight decrease compared with Q4 2022 https://www.muhasebenews.com/en/recent-job-starters-in-the-eu-saw-a-slight-decrease-compared-with-q4-2022/ https://www.muhasebenews.com/en/recent-job-starters-in-the-eu-saw-a-slight-decrease-compared-with-q4-2022/#respond Mon, 08 May 2023 07:14:35 +0000 https://www.muhasebenews.com/?p=142463 In the fourth quarter of 2022 (Q4 2022), the share of recent job starters (people who started their current job within the last 3 months) aged 15-64 among the total employed people in the EU saw a slight decrease compared with Q4 2021 (from 6.2% to 6.0%; equal to -0.2 percentage points, or pp).

Female recent job starters experienced a larger decline (from 6.8% in Q4 2021 to 6.5% in Q4 2022; -0.3 pp) than their male counterparts (from 5.7% to 5.5%; -0.2 pp).

Bar graph: Recent job starters in the EU by sex, age group in Q4 2021 and Q4 2022, in % of total employed people aged 15-64

The decrease in female recent job starters was particularly noticeable among those aged 15-29 participating in formal education, with a decline from 27.4% in Q4 2021 to 25.5% in Q4 2022 (-1.9 pp). In contrast, males within the same age group and category experienced a smaller decrease – from 25.0% to 24.6% (-0.4 pp).

The most significant decline in the rate of male recent job starters occurred among those aged 15-29 not participating in formal education, with a decrease from 13.2% in Q4 2021 to 12.5% in Q4 2022 (-0.8 pp).

Lollipop graph: Recent job starters in Q4 2021 and Q4 2022, in % of total employed people aged 15-64 in the EU and EFTA countries

In Q4 2022, the highest rates of recent job starters in total employment were observed in Denmark (9.4%), Finland (8.6%), and the Netherlands (8.4%). The lowest rates were recorded in Romania (1.8%), Slovakia (2.1%), and Bulgaria (2.4%).

The downward trend observed at the EU level was also evident in 20 EU countries. The largest decreases were recorded in Slovenia (-1.8 pp in Q4 2022 compared with Q4 2021), Cyprus (-1.4 pp), and Belgium (-1.1 pp). Meanwhile, the largest increases were recorded in Luxembourg (+1.0 pp), Sweden (+0.6 pp), and Austria (+0.5 pp).


Source: Eurostat
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Upward trend on the labour market in Germany continues at slightly slower pace https://www.muhasebenews.com/en/upward-trend-on-the-labour-market-in-germany-continues-at-slightly-slower-pace/ https://www.muhasebenews.com/en/upward-trend-on-the-labour-market-in-germany-continues-at-slightly-slower-pace/#respond Mon, 03 Apr 2023 08:25:42 +0000 https://www.muhasebenews.com/?p=141144 Persons in employment resident in Germany, February 2023
+0.1% on the previous month (seasonally adjusted)
+0.1% on the previous month (not seasonally adjusted)
+0.9% on the same month a year earlier

Roughly 45.5 million persons resident in Germany were in employment in February 2023. The seasonally adjusted number of persons in employment continued to rise on the previous month, by 31,000 or +0.1%, according to provisional calculations of the Federal Statistical Office (Destatis). In January 2023, there was a slightly larger month-on-month increase in the seasonally adjusted number of persons in employment by 73,000 (+0.2%).

Without seasonal adjustment, the number of persons in employment increased to a similar extent (+34,000 people or +0.1%) in February 2023 on January 2023. The increase was less pronounced than compared with the February average of the three pre-crisis years 2017 to 2019 (+63,000 people).

Unemployment rate at 3.0% in February 2023

According to results of the labour force survey, 1.32 million people were unemployed in February 2023. That was a decrease of 79,000, or 5.6%, compared with February 2022. The unemployment rate was 3.0% (February 2022: 3.2%).

Adjusted for seasonal and irregular effects, the number of unemployed stood at 1.29 million, which was a decline on January 2023 (-14,700 people, -1.1%). The adjusted unemployment rate was 2.9% in February 2023.


Source: DESTATIS
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Unemployment rate in Türkiye decreased by 1.6 percentage points to 10.4% in 2022 https://www.muhasebenews.com/en/unemployment-rate-in-turkiye-decreased-by-1-6-percentage-points-to-10-4-in-2022/ https://www.muhasebenews.com/en/unemployment-rate-in-turkiye-decreased-by-1-6-percentage-points-to-10-4-in-2022/#respond Fri, 24 Mar 2023 07:31:07 +0000 https://www.muhasebenews.com/?p=140599 Labour Force Statistics in Türkiye, 2022

Source: TurkStat
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Number of employed persons in Finland slightly higher in February 2023 than one year earlier https://www.muhasebenews.com/en/number-of-employed-persons-in-finland-slightly-higher-in-february-2023-than-one-year-earlier/ https://www.muhasebenews.com/en/number-of-employed-persons-in-finland-slightly-higher-in-february-2023-than-one-year-earlier/#respond Tue, 21 Mar 2023 07:09:53 +0000 https://www.muhasebenews.com/?p=140440

According to Statistics Finland’s Labour Force Survey, the number of employed people aged 15 to 74 was 12,000 higher in February 2023 than one year ago. The number of the unemployed was 2,000 higher in February than one year previously. The trend of the employment rate among persons aged 20 to 64 was 78.5 per cent. The trend of the unemployment rate among persons aged 15 to 74 was 6.8 per cent.

Key points

  • In February 2023, the number of employed persons was 2,582,000 and that of unemployed persons 186,000.
  • There were 8,000 less employed men and 20,000 more employed women than a year ago.
  • The trend of the employment rate among persons aged 20 to 64 was 78.5 per cent in February.
  • The trend of the employment rate among persons aged 15 to 64 was 74.2 per cent in February.
  • The trend of the unemployment rate among persons aged 15 to 74 was 6.8 per cent in February.

Number of employed persons grew a little from the year before

In February 2023, the number of employed aged 15 to 74 was 2,582,000 (margin of error ±35,000), which was 12,000 higher than a year earlier. There were 8,000 less employed men and 20,000 more employed women than in February 2022.

In February, the employment rate for those aged 20 to 64, that is, the proportion of the employed among persons aged 20 to 64, stood at 77,7 per cent, having been the same in this age group one year earlier. From last year’s February, the employment rate of men aged 20 to 64 fell by 0.2 percentage points to 77.3 per cent and that of women rose by 0.2 percentage points to 78.1 per cent.

The employment rate of people aged 20 to 69 was 71.5 per cent, having been 71.6 per cent one year before.

Number of unemployed persons almost the same as a year ago

According to Statistics Finland’s Labour Force Survey, there were 186,000 unemployed (margin of error ±23,000) aged 15 to 74 in February 2023, which was 2,000 more than one year earlier. The number of unemployed men was 112,000 and that of women 74,000.

In February, the unemployment rate for persons aged 15 to 74, that is, the proportion of the unemployed among the labour force stood at 6.7 per cent, having been the same one year earlier. The unemployment rate for men was 7.9 per cent, which was 0.5 percentage points higher than one year before. The unemployment rate of women was 5.5 per cent, having been 5.9 per cent in the year before.

In February, the unemployment rate for people aged 15 to 24 stood at 13.2 per cent, which was 1.3 percentage points lower than one year previously. The trend of the unemployment rate among young people was 14.1 per cent. The share of unemployed young people aged 15 to 24 among the population in the same age group was 6.1 per cent.

Number of people in the inactive population decreased

There were 1,357,000 persons aged 15 to 74 in the inactive population in February 2023, which was 9,000 fewer than one year earlier.

Seasonally adjusted trend

Employment and unemployment vary quite much by month and the change from the observation of the previous month mainly describes the seasonal aspect rather than the trend in development. Thus, the latest statistical data are compared to the corresponding period of the year before. By contrast, the figures of the trend series that are adjusted for seasonal and random variation are mutually comparable and phenomena associated with long-term development and cyclical changes are thus more easily observable from the trend of the time series.

The trend usually changes somewhat when the data of the following month are included in the time series. Therefore, only the last published time series should be used when using the trend figures. The preliminary nature of the latest trend figures should be considered when making conclusions. The fall in employment in spring 2020 was interpreted as a level shift in the seasonal adjustment model. The figures reported in this release are not adjusted for seasonal variation unless separately mentioned that they concern the trend.


Source: Statistics Finland
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Number of persons employed in the automotive industry in Germany up for the first time since June 2019 https://www.muhasebenews.com/en/number-of-persons-employed-in-the-automotive-industry-in-germany-up-for-the-first-time-since-june-2019/ https://www.muhasebenews.com/en/number-of-persons-employed-in-the-automotive-industry-in-germany-up-for-the-first-time-since-june-2019/#respond Thu, 16 Mar 2023 08:58:58 +0000 https://www.muhasebenews.com/?p=140096 Persons employed in manufacturing in Germany, January 2023
+1.5% on the same month a year earlier
-0.2% on the previous month

At the end of January 2023, 5.5 million people worked in local units of manufacturing with 50 or more persons employed in Germany. As reported by the Federal Statistical Office (Destatis) on the basis of provisional results, that was about 80,500 persons or 1.5% more than in January 2022.

In the manufacture of motor vehicles, trailers and semi-trailers, the number of employees increased by 0.6%; this is the first time since June 2019 that this industry has recorded an increase in the number of employees compared to the same month of the previous year.

The number of hours worked in January 2023 increased 5.0% from a year earlier, reaching 704 million – here it has to be considered, that there was one working day more than in January 2022.

The earnings amounted to 26.5 billion euros in January 2023. In the past 12 months (February 2022 to January 2023), the earnings increased by 5.7% compared to the same period last year


Source: DESTATIS
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Labor force participation rate in South Korea stood at 62.6% in January, up 0.4%p year-on-year https://www.muhasebenews.com/en/labor-force-participation-rate-in-south-korea-stood-at-62-6-in-january-up-0-4p-year-on-year/ https://www.muhasebenews.com/en/labor-force-participation-rate-in-south-korea-stood-at-62-6-in-january-up-0-4p-year-on-year/#respond Fri, 17 Feb 2023 08:19:18 +0000 https://www.muhasebenews.com/?p=138735  < Economically active population and labor force participation rate in South Korea>
   ◯ The economically active population marked 28.387 million persons in January, which grew 291 thousand persons or 1.0% year-on-year.
   ◯ The labor force participation rate stood at 62.6% in January, up 0.4%p year-on-year.
  < Employed persons and employment to population ratio >
   ◯ The number of employed persons totaled 27.363 million persons in January, which went up 411 thousand persons or 1.5% year-on-year.
   ◯ The employment to population ratio recorded 60.3% in January, up 0.7%p year-on-year.
  < Unemployed persons and unemployment rate >
   ◯ The number of unemployed persons totaled 1,024 thousand people in January, which decreased 119 thousand persons or 10.4% year-on-year.
   ◯ The unemployment rate marked 3.6% in January, down 0.5%p year-on-year.
  < Economically inactive population >
   ◯ The economically inactive population totaled 16.965 million people in January, decreasing 139 thousand persons or 0.8% year-on-year.

Source: Statistics Korea
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Unemployment Rate in the Netherlands Increases To 3.6% https://www.muhasebenews.com/en/unemployment-rate-in-the-netherlands-increases-to-3-6/ https://www.muhasebenews.com/en/unemployment-rate-in-the-netherlands-increases-to-3-6/#respond Thu, 16 Feb 2023 07:28:39 +0000 https://www.muhasebenews.com/?p=138648 According to figures from the Central Bureau of Statistics, the Netherlands’ unemployment rate climbed marginally in January after reaching a six-month low in December.

The seasonally adjusted ILO unemployment rate for those between the ages of 15 and 75 increased from 3.5 percent in December to 3.6 percent in January.

The jobless rate was likewise 3.6 percent in the same month last year.

In January, there were 360,000 unemployed people, up from 352,000 the previous month.

The rate of unemployment for young people, defined as those between the ages of 15 and 25, increased from 7.5 percent to 7.8 percent in January.


Source: RTT News
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Number of paid employees in Türkiye including industry, construction, trade-services sectors increased by 7.2% in December 2022 https://www.muhasebenews.com/en/number-of-paid-employees-in-turkiye-including-industry-construction-trade-services-sectors-increased-by-7-2-in-december-2022/ https://www.muhasebenews.com/en/number-of-paid-employees-in-turkiye-including-industry-construction-trade-services-sectors-increased-by-7-2-in-december-2022/#respond Thu, 16 Feb 2023 07:08:21 +0000 https://www.muhasebenews.com/?p=138644 Paid Employee Statistics in Türkiye, December 2022

Source: TurkStat
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Unemployment rate in France was virtually stable at 7.2% in Q4 2022 https://www.muhasebenews.com/en/unemployment-rate-in-france-was-virtually-stable-at-7-2-in-q4-2022/ https://www.muhasebenews.com/en/unemployment-rate-in-france-was-virtually-stable-at-7-2-in-q4-2022/#respond Wed, 15 Feb 2023 06:58:38 +0000 https://www.muhasebenews.com/?p=138563 In Q4 2022, the unemployment rate stood at 7.2%, virtually stable over the quarter and 0.3 points below its level a year ago

In Q4 2022, the number of unemployed people as defined by the International Labour Office (ILO) decreased by 45,000 over the quarter, and reached 2.2 million people. The ILO unemployment rate in France (excluding Mayotte) was thus virtually stable (‑0.1 points) at 7.2% of the labour force. Over the year, it decreased by 0.3 points and stood 1.0 point below its pre-crisis level (at the end of 2019). It is its lowest level since the Q1 2008, except for the sharp fall in Q2 2020 during the first lockdown.

Over the quarter, the unemployment rate for people aged 15 to 24 decreased by 1.0 point, at 16.9%. It stood 0.4 points above its Q4 2021 level and 4.9 points below its pre-crisis level. The unemployment rate was stable over the quarter for people aged 25 to 49, at 6.5%, 0.3 points below its level a year ago. Finally, it decreased barely (‑0.1 points) for those aged 50 or more at 5.0%, 0.7 points below its level a year ago.

Over the quarter, the women’s unemployment rate slightly decreased (‑0.2 points) to 6.9% such as the men’s unemployment rate (‑0.1 points) at 7.4%.

The halo around unemployment barely increased quarter-to-quarter

Among the inactive people as defined by the ILO, 1.9 million wanted a job without being considered unemployed, because they either do not seek a job or are not immediately available: they made up the halo around unemployment. This number rose slightly over the quarter (+38,000), thus the share of halo in the population of people aged 15 to 64 was virtually stable quarter-to-quarter (+0.1 points), remaining at the same level as in Q4 2021 (4.5%). Over the quarter, the share of halo was virtually stable (+0.1 points) for all ages, at 6.3% for those aged 15 to 24, 4.6% for those aged 25 to 49 and 3.1% for those aged 50 to 64.

The long-term unemployment rate was stable

Among the unemployed, 580,000 people on average in Q4 2022 declared being jobless and having been job seeking for at least one year. This number decreased barely over the quarter. Thus, the long-term unemployment rate was stable over the quarter at 1.9% of the labour force. It stood 0.3 points below its Q4 2021 level and at its lowest level since Q2 2009.

The 15-64 employment rate was stable over the quarter

On average, in Q4 2022, the employment rate of people aged 15 to 64 was stable at 68.3%, standing at its highest level since INSEE started measuring it (1975). It rose by 0.5 points over the year.

Among young people, the employment rate increased by 0.3 points over the quarter to 35.3%. It grew by 1.4 points over the year and by 5.5 points over 3 years. For those aged 25 to 49, the employment rate was virtually stable over the quarter at 82.7% (+0.1 points), after a 0.3 point increase in the previous quarter. It rose by 0.4 points over the year and stood at it highest level since the beginning of 2008. Finally, for those aged 50-64, the employment rate was stable over the quarter at 66.2%, standing at its highest level since INSEE started measuring it (1975).

Underemployment was virtually stable over the quarter

In Q4 2022, 4.6% of employed people were underemployed. This share war virtually stable over the quarter (+0.1 points) and stood 0.4 points above its level a year ago.

On average, in Q4 2022, 16.5% of participants in the labour market (active people or in the halo around unemployment) were constrained in their labour supply, either by the absence of a job (unemployed or halo around unemployment), or in a situation of underemployment. This share was virtually stable over the quarter (+0.1 points) and stood 0.7 points below its level in Q4 2021.

In Q4 2022, the average number of hours worked per week and per job was 31.2 hours (seasonally-adjusted), down by 1.0% compared to the fourth quarter of 2019. This decline may be explained by two effects: on the one hand, the Christmas holidays began earlier in 2022, which led to more days off during Q4 2022 than during Q4 2019. On the other hand, the number of non worked days due to sick leave (including periods of self-isolation) or childcare remained higher than before the health crisis.

Full-time employment rate rose again while part-time employment rate was stable

The full-time employment rate stood at 57.2% in Q4 2022. It stood at its highest since INSEE started measuring it on a quarterly basis (2003). It grew by 0.2 points over the quarter and by 0.9 points over the year. The part-time employment rate was stable quarter-to-quarter, at 11.2%, slightly below its Q4 2021 level (‑0.3 points). As a result, the share of part-time employment in total employment decreased by 0.1 points over the quarter, to 17.1%, 0.5 points below its level in Q4 2021. This share in Q4 2022, this share was at its lowest level since 2002.


Source: Statistical Office INSEE
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Unemployment rate in Czech Republic reached 2.7% in November 2022; increased by 0.6 percentage point y-o-y https://www.muhasebenews.com/en/unemployment-rate-in-czech-republic-reached-2-7-in-november-2022-increased-by-0-6-percentage-point-y-o-y/ https://www.muhasebenews.com/en/unemployment-rate-in-czech-republic-reached-2-7-in-november-2022-increased-by-0-6-percentage-point-y-o-y/#respond Mon, 09 Jan 2023 10:21:27 +0000 https://www.muhasebenews.com/?p=136863 January 9, 2023

The employment rate in Czech Republic

The proportion of employed persons in the number of all persons aged 15–64 years reached 75.1% in November 2022. It decreased by 0,2 percentage point (p.p.) compared to that in November 2021. The male employment rate was 81.5%; the female employment rate was 68.5%. The employment rate of persons aged 15–29 years was 39.8%, in the age group of 30–49 years it was 87.6%, and in the age group of 50–64 years it was 81.5%.

“Over the last twenty years, the employment has considerably moved to a higher age. Five years ago, the employment rate for the age group of 15–29 years was 49.6%, i.e. almost by ten percentage points higher than the current 39.8%, whereas for the age group of 50–64 years it was only 72.8%, i.e. by nine percentage points lower compared to the current 81.5%. The older group is more important as for their number, therefore the employment rate is growing in total,” Dalibor Holý, Director of the Labour Market and Equal Opportunities Statistics Department of the Czech Statistical Office, comments on the results.

The general unemployment rate

The percentage of the unemployed in the labour force, that is in the total number of the employed and the unemployed (that means economically active persons), reached 2.7% in November 2022. It increased by 0.6 percentage point, year-on-year. The male unemployment rate reached 2,3%; the female unemployment rate reached 3.2%.

The economic activity rate

The percentage of the economically active in the total number of persons aged 15–64 years reached 77.2%. It increased by 0.2 p. p. compared to that in November 2021. The male economic activity rate (83.4%) exceeded the female economic activity rate by 12.6 p. p.

International comparability

All data presented in the News Release are seasonally adjusted. They apply to the age group of 15–64 years. They come from the Labour Force Sample Survey (LFSS) carried out by a network of interviewers of the CZSO in households and are different in terms of methodology from administrative data of the Labour Office of the Czech Republic on registered job applicants (namely the “Share of unemployed persons” indicator).

The LFSS has an internationally comparable methodology, which defines the employed and the unemployed in accordance with recommendations of the International Labour Organization. The CZSO regularly sends data from the LFSS to Eurostat, which prepares monthly press release on unemployment as for Member States of the EU, however, for the age group of 15–74 years. The unemployment rate in that age group (of the aged 15–74 years) was 2.7% in the Czech Republic in November 2022.

In compliance with the international methodology for the LFSS, the survey is only carried out in private households; collective accommodation establishments as well as temporary shelters are not covered. Due to those reasons, coming of war refugees from the Ukraine will, for the time being, be reflected only marginally in the trends.

Tables 1 and 2 enclosed contain methodologically consistent time series of basic indicators of the labour market and numbers of the employed and unemployed persons, starting in 1993.


Source: Czech Statistical Office (CZSO)
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