Job vacancy rate stable at 2.2% in the euro area, down to 1.3% in Cyprus during Q4 2019

The job vacancy rate in the euro area (EA19) was 2.2% in the fourth quarter of 2019, stable compared with the previous quarter and down from 2.3% in the fourth quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU27, the job vacancy rate was 2.2% in the fourth quarter of 2019, stable compared with the previous quarter and the fourth quarter of 2018.

Furthermore in Cyprus the job vacancy rate was 1.3% (1.0% in the industry and 1.7% in the services) and 0.5% in Greece (0.3% in the industry and 0.6% in the services) in the fourth quarter of 2019, down from 2.0% and 0.6% respectively in the previous quarter, but up from 1.0% and 0.4% in the fourth quarter of 2018.

In the euro area, the job vacancy rate in the fourth quarter of 2019 was 1.9% in industry and construction, and 2.5% in services. In the EU27, the rate was 1.9% in industry and construction, and 2.4% in services.

Among the Member States for which comparable data are available, the highest job vacancy rates in the fourth quarter of 2019 were recorded in Czechia (5.9%), Belgium (3.4%), Germany (3.3%) and the Netherlands (3.2%). In contrast, the lowest rates were observed in Greece (0.5%), Bulgaria (0.8%), Ireland, Spain and Portugal (all 0.9%). Compared with the same quarter of the previous year, the job vacancy rate in the fourth quarter of 2019 rose in Greece, Spain, Cyprus, Latvia and the Netherlands, remained stable in eight Member States, but fell in fourteen Member States. The largest increases were registered in Latvia (+0.7 pp), Cyprus and the Netherlands (both +0.3 pp). The largest decreases were registered in Malta (-0.4 pp), Hungary and Slovakia (both -0.3 pp).

Source: Cyprus News Agency

Job vacancy rate stable at 2.2% in the euro area, down to 1.3% in Cyprus during Q4 2019

The job vacancy rate in the euro area (EA19) was 2.2% in the fourth quarter of 2019, stable compared with the previous quarter and down from 2.3% in the fourth quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU27, the job vacancy rate was 2.2% in the fourth quarter of 2019, stable compared with the previous quarter and the fourth quarter of 2018.

Furthermore in Cyprus the job vacancy rate was 1.3% (1.0% in the industry and 1.7% in the services) and 0.5% in Greece (0.3% in the industry and 0.6% in the services) in the fourth quarter of 2019, down from 2.0% and 0.6% respectively in the previous quarter, but up from 1.0% and 0.4% in the fourth quarter of 2018.

In the euro area, the job vacancy rate in the fourth quarter of 2019 was 1.9% in industry and construction, and 2.5% in services. In the EU27, the rate was 1.9% in industry and construction, and 2.4% in services.

Among the Member States for which comparable data are available, the highest job vacancy rates in the fourth quarter of 2019 were recorded in Czechia (5.9%), Belgium (3.4%), Germany (3.3%) and the Netherlands (3.2%). In contrast, the lowest rates were observed in Greece (0.5%), Bulgaria (0.8%), Ireland, Spain and Portugal (all 0.9%). Compared with the same quarter of the previous year, the job vacancy rate in the fourth quarter of 2019 rose in Greece, Spain, Cyprus, Latvia and the Netherlands, remained stable in eight Member States, but fell in fourteen Member States. The largest increases were registered in Latvia (+0.7 pp), Cyprus and the Netherlands (both +0.3 pp). The largest decreases were registered in Malta (-0.4 pp), Hungary and Slovakia (both -0.3 pp).

Source: Cyprus News Agency