European Jobs Monitor
Aims
The European Jobs Monitor aims to detect and analyse shifts in the European employment structure. This will provide valuable information in terms of the progress towards the Europe 2020 employment goals. It covers all 27 EU Member States. It will work on data gathered by Eurostat (mainly the European Labour Force Survey - ELFS). Jobs, classified by sector and occupation, are ranked according to median hourly wage; this classification will be used to study on a continuous basis the changes in the structure of employment in different countries.
Outputs
The EJM will produce 2 reports each year on the changing shape of the European labour market. The first has just been published; the second will be published in December 2011 and will focus on the topic of job creation.
First report
The first output of the European Jobs Monitor is a report on Shifts in the job structure in Europe during the great recession. The report finds that despite a net loss of over five million jobs between 2008 and 2010, employment continued to grow in top-paying jobs, largely in knowledge-intensive services and business services. Meanwhile, sharp losses in medium-paying jobs in construction and manufacturing led to a shrinking of employment in the middle of the wage spectrum. More jobs were lost to men than to women and employment levels of older workers grew while those of younger workers declined.