Skip to content

Topics: Economy, Finance

Growth in human capital helping to overcome economic divergence in Europe

Growth in human capital helping to overcome economic divergence in Europe

Human capital - defined as the knowledge, skills and other attributes that enable people to be productive - played a role in EU convergence in respect of national income over 2014–2021. Specifically, highly educated individuals have helped central and eastern EU Member States and regions to catch up with their western counterparts in terms of gross domestic product (GDP) per capita.

Urban and capital areas continue economic and employment dominance

Urban and capital areas continue economic and employment dominance

Urban and capital areas have disproportionately benefitted from the digital revolution in Europe, with a high rate of knowledge and service-based jobs. By comparison, many rural areas risk being left behind, with unbalanced urban economic dominance further deepening urban-rural divides.

Image: Drobot Dean/Adobe Stock

Almost half of trainees in the EU do not receive compensation

Only 54% of traineeships or apprenticeships in the EU receive compensation, according to Eurofound data published in a new report by the European Court of Auditors on participation, quality and outcomes of traineeships in the 27 EU Member States. The report highlights the need to improve the quality of traineeship offerings, including learning support and the possibility of obtaining new skills.

Image © andrew_shots/Adobe Stock

Minimum wages 2024 – The tide is turning

While the prospects for minimum wage workers in early 2023 looked gloomy – with rates in many EU Member States struggling to offset rising prices – the new year brings better news. National minimum wages were raised significantly in most countries, both in nominal and real terms, and also when examined in the context of the entire period since 2022, when inflation rates started to surge.

A message from Eurofound's Executive Director, Ivailo Kalfin.

Season’s Greetings 2023

During the year, Eurofound has continued to provide you with research findings and data on issues ranging from hybrid work, teleworking and the right to disconnect, and platform work, to care and healthcare, gender equality, minimum wages, persistent labour market imbalances, and growing inequalities, among others.

Image © gpointstudio/Adobe Stock

Europe’s year of resilience and resolve

Europe Day is a celebration of unity, solidarity and harmony. While we may not have had much to celebrate this past year, one thing we can be proud of is how Europe has come together in the face of large-scale challenges and threats, showing that solidarity is the key to resilience and resolve.

Image: © Halfpoint/Adobe Stock

New data: 2023 minimum wage hikes struggle to improve purchasing power

Despite nominal increases in statutory minimum wages reaching an all-time high between January 2022 and January 2023, minimum wage workers in most EU countries are seeing their purchasing power decline or just about compensated, based on preliminary inflation figures.

Image © Drazen/Adobe Stock Photos

Workers on temporary contracts bore brunt of COVID-19 job loss

Temporary workers, particularly those in non-teleworkable occupations such as services and sales jobs, elementary occupations and blue-collar occupations, were disproportionately impacted by COVID-19 job loss in Europe, accounting for three-quarters of net job loss in the EU in 2020.

Image: © Pabloemca/Adobe Stock

Ireland and Denmark most optimistic countries in EU

Ireland and Denmark are the most socially optimistic countries in the EU, according to Eurofound's Social Optimism Index, a newly developed composite indicator which measures six variables of optimism among people in Europe.

Image © Seventyfour/Adobe Stock Photos

Just 12% in EU feel pandemic support measures are fair

Just 12% of people surveyed in the third round of Eurofound’s Living, working and COVID-19 online survey believed the support measures rolled out to help deal with the implications of the pandemic were fair, with the same proportion believing that the measures reached those who needed them.

Ivailo Kalfin takes over as Eurofound Executive Director

Ivailo Kalfin takes over as Eurofound Executive Director

Ivailo Kalfin begins his mandate as Executive Director of Eurofound today, having been approved by the Eurofound Management Board on 5 March and presenting his priorities for the position to the European Parliament's Employment and Social Affairs Committee on 13 April.

Image © daniilvolkov/Adobe Stock

Two worlds of income support during COVID-19

The employment toll of COVID-19 has been stark in Europe, and it could have been even greater had it not been for the adoption of unprecedented assistance measures in all Member States, supported by the European Union. But have these policies benefited different groups in the labour market equally, or have they cemented existing inequalities in access to support?

COVID-19: A tale of two service sectors

COVID-19: A tale of two service sectors

The employment fallout of COVID-19 has been a story of two types of service work. Office-based knowledge workers have largely kept their jobs and incomes while working from home; whereas client-facing service workers have borne the brunt of the lockdowns and the steep declines in demand for in-person services in restaurants, hotels, leisure and the arts.

Protecting access to healthcare during COVID-19 and beyond

Protecting access to healthcare during COVID-19 and beyond

Healthcare providers have been overwhelmed by the demand for COVID-19-related care. Medical appointments and treatments for other conditions have often been delayed, potentially leading to escalating health problems and greater future care needs among those who have missed out. If the pandemic leads to an economic crash, this rise in unmet medical needs could spiral.

Lack of competition in platform economy could undermine its inherent value

Lack of competition in platform economy could undermine its inherent value

Continued dominance of large non-EU service and work platforms could result in an oligopolistic market situation in the EU in the future. This could hamper the market entry of new players, endangering healthy competition and economic and labour market innovation to the detriment of platform workers and consumers, as well as the broader economy.

Show more

Eurofound, a tripartite European Union Agency, provides knowledge to assist in the development of social, employment and work-related policies

Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.

Eurofound

Wyattville Road
D18 KP65 Loughlinstown
Ireland