EuroStat, the statistical office of the European Union has just released the figure of production in construction for the EU in November 2024. Construction Growth Reflects Diverging Labor Market Trends Across the EU In November 2024, construction activity in the EU showed positive growth, with production rising by 1.2% in the euro area and 1.3% across the entire EU compared to the previous month. This growth was largely attributed to gains in...
The free movement of goods is one of the cornerstones of the European Single Market. The removal of national barriers to the free movement of goods within the EU is one of the principles enshrined in the EU Treaties. From a traditionally protectionist starting point, the countries of the EU have continuously been lifting restrictions to form a ‘common’ or single market. This commitment to create a European trading area without frontiers has...
Support for 835 former workers of Vallourec Deutschland GmbH in Mülheim an der Ruhr Vallourec France decided to close its German production sites, moving production to Brazil Support package includes upskilling measures, job search assistance, and support for business creation 835 employees of Vallourec Deutschland GmbH, who lost their jobs due to the closure of the company’s German tube mills, should receive almost €3 million in EU aid....
Support for 390 former workers of “Danish Crown” meat company The company closed one of its six slaughterhouses, in Sæby, near Frederikshavn Support package includes advisory services, job search assistance, and training 390 employees of the meat processing company “Danish crown”, who lost their jobs due to the closure of the Sæby slaughterhouse, should receive €1.9 million in EU aid. On Monday, the Committee on Budgets approved...
ELA supported in March cross-border inspections of almost 200 companies. More than 600 workers were interviewed. Eight joint inspections took place across the EU on 18-24 March, in Cyprus, Germany, Hungary, Lithuania, Malta, Romania and Slovakia. The action was carried out by labour inspectors as well as enforcement officers from customs, social security, tax, police and migration authorities. Observers joined from Austria,...
Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the EU. The definition of an SME is important for access to finance and EU support programmes targeted specifically at these enterprises. Small and medium-sized enterprises (SMEs) are defined in the EU recommendation 2003/361. The main factors determining whether an enterprise is an SME are staff headcount either turnover or balance sheet total...
According to the latest data released by Eurostat, the statistical office of the European Union, the job vacancy rate in the euro area decreased to 2.7% in the fourth quarter of 2023, marking a decline from 2.9% in the previous quarter and 3.1% in the same period of 2022. Similarly, within the EU, the job vacancy rate dropped to 2.5% in the fourth quarter of 2023, down from 2.6% in the previous quarter and 2.8% in the fourth quarter of 2022. In...
The Commission is today presenting a series of new initiatives in a Skills and Talent Mobility package to make the EU more attractive to talent from outside EU, and to facilitate mobility within. Today's measures include a new EU Talent Pool to match employers in the EU with jobseekers in third countries as well as measures to promote the recognition of qualifications and learner's mobility. They come as key deliverables of the European...
In 2022, the European Union boasted a core working-age population of 259.2 million individuals aged between 20 and 64. Among this demographic, 53.5 million individuals were classified as economically inactive. This group encompasses students, retirees, individuals providing care for family members, volunteers, and those unable to work due to long-term illness or disability. Within the core working-age population, there were 193.5 million...