Unemployment Statistics
Summary
What is the topic of the article ?
Our article in a few sentences
What are the conclusions drawn ?
What are the links of the article ?
What are the key notions ?
What is the unemployment ?
Unemployment rates, EU and EA, seasonally adjusted, January 2011 - July 2024
Definitions by:
-counting those without a job, -actively seeking work since the last 4 weeks- available to start within two weeks.
-aged 15-74 -didn’t work during the reference week
Few sentences to summarize
The article presents a global view of the unemployment trends in the European Union and Euro Area. The data highlights significant progress between 2011 and 2024, with unemployment rates declining. However, challenges persist on: -The youth unemployment -The gender disparities in the unemployment -The difficulties to enter labor market for the refugees from Ukraine
Conclusions drawn
Ukraine's refugees challenges
US comparison
Unemployment is decreasing
Youth and gender inequalities persist
EU unemployement rate is higher , except in 2020, than US
the EU launched the Temporary Protection scheme to support war refugees
The EU unemployment rate has decreased down to 6% in 2024
Young people and women are more vulnerable to economic change
BEFORE WAR: 3,000 refugees AFTER: multiplied by 8, in July 2022
youth unemployment is lower in the U.S. than in the EU
Youth unemployment rates, EU and EA, January 2011 - July 2024 (%)
The youth unemployment has largelly decreased through the last few years but is still way higher than the overall unemployment rate
Unemployment rate by sex, EU, 2014-2023 (%)
Women have always been more unemployed than men over the years
Registered unemployed refugees from Ukraine by age and sex
EUROSTAT
BLUE = female 25 and over
YELLOW= Male 25 and over
RED= people under 25
Key notions
Unemployment
-counting those without a job, -actively seeking work since the last 4 weeks- available to start within two weeks.
-aged 15-74 -didn’t work during the reference week
International Labor Organization
EU Temporary Protection
The EU launched the Temporary Protection scheme to support war refugees, granting rights like work eligibility under each country's rules.
The only tripartite United Nations agency that brings together governments, employers and workers of its member states in common action to promote decent work worldwide.
How unemployment is related to GDP
Unemployment determines how much of the labor force is going to participate to the production of output.
'Unemployment has an impact on GDP: there are less available workers to produce value'
US unemployment rate in comparison with the EU
made by Trading Economics
Thank you for watching !
Manon Dieumegard, Elyne Lohe, Martin Gogly
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Transcript
Unemployment Statistics
Summary
What is the topic of the article ?
Our article in a few sentences
What are the conclusions drawn ?
What are the links of the article ?
What are the key notions ?
What is the unemployment ?
Unemployment rates, EU and EA, seasonally adjusted, January 2011 - July 2024
Definitions by:
- ILO:
-counting those without a job, -actively seeking work since the last 4 weeks- available to start within two weeks.- EUROSTAT:
-aged 15-74 -didn’t work during the reference weekFew sentences to summarize
The article presents a global view of the unemployment trends in the European Union and Euro Area. The data highlights significant progress between 2011 and 2024, with unemployment rates declining. However, challenges persist on: -The youth unemployment -The gender disparities in the unemployment -The difficulties to enter labor market for the refugees from Ukraine
Conclusions drawn
Ukraine's refugees challenges
US comparison
Unemployment is decreasing
Youth and gender inequalities persist
EU unemployement rate is higher , except in 2020, than US
the EU launched the Temporary Protection scheme to support war refugees
The EU unemployment rate has decreased down to 6% in 2024
Young people and women are more vulnerable to economic change
BEFORE WAR: 3,000 refugees AFTER: multiplied by 8, in July 2022
youth unemployment is lower in the U.S. than in the EU
Youth unemployment rates, EU and EA, January 2011 - July 2024 (%)
The youth unemployment has largelly decreased through the last few years but is still way higher than the overall unemployment rate
Unemployment rate by sex, EU, 2014-2023 (%)
Women have always been more unemployed than men over the years
Registered unemployed refugees from Ukraine by age and sex
EUROSTAT
BLUE = female 25 and over
YELLOW= Male 25 and over
RED= people under 25
Key notions
Unemployment
- ILO:
-counting those without a job, -actively seeking work since the last 4 weeks- available to start within two weeks.- EUROSTAT:
-aged 15-74 -didn’t work during the reference weekInternational Labor Organization
EU Temporary Protection
The EU launched the Temporary Protection scheme to support war refugees, granting rights like work eligibility under each country's rules.
The only tripartite United Nations agency that brings together governments, employers and workers of its member states in common action to promote decent work worldwide.
How unemployment is related to GDP
Unemployment determines how much of the labor force is going to participate to the production of output.
'Unemployment has an impact on GDP: there are less available workers to produce value'
US unemployment rate in comparison with the EU
made by Trading Economics
Thank you for watching !
Manon Dieumegard, Elyne Lohe, Martin Gogly