EU employment rate above pre-COVID levels in 2021 – Eurostat | Investment News


(Reuters) – The employment rate in the European Union rebounded above 2019 levels last year as the labor market began to recover from the pandemic, the statistics office of the European Union said on Thursday. block.

The share of Europeans in employment rose to 73.1% last year, from 71.7% in 2020 and 72.7% in 2019, the European Union’s statistics office Eurostat said in a statement.

“While massive vaccination campaigns started all over the world in 2021, the situation regarding the COVID-19 pandemic started to gradually improve in the first quarter of 2021,” Eurostat said.

However, the bloc’s statistics office notes that the circulation of new coronavirus variants has led to temporary lockdowns in Europe.

In 2021, the employment rate of 16 of the 27 EU Member States, including Poland, Romania, Greece and Malta, reached or exceeded pre-pandemic levels.

The highest rates for people aged 20-64 were recorded in the Netherlands (81.7%), Sweden (80.7%) and the Czech Republic (80.0%).

According to Eurostat, Croatia (68.2%), Spain (67.7%), Romania (67.1%), Italy (62.7%) and Greece (62.6%) had the lowest employment rates in 2021.

(Reporting by Anait Miridzhanian; Editing by Toby Chopra)

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