Employment - Jobs in Europe
Female workers lost their jobs to a lesser extent than male workers during the crisis, but since 2013, employment gains have been more evenly shared. Part-time work is increasing rapidly, to the detriment of full-time, permanent employment.
The employment trend in Europe post-crisis is one of most growth taking place in the highest-paying and lowest-paying service-sector jobs. Low-paying and middle-paying blue-collar jobs are the big losers.
The hiring process in SMEs tends to be informal, and they put more emphasis on a candidate's skills and motivation than on formal qualifications. Finding a recruit who fits with the company culture and shares its ambitions is crucial.
A mix of factors influences whether an SME creates jobs. Identifying those SMEs with job-creation potential is important so that any public support is wisely allocated.
As labour markets recover across the EU, the number of jobs created in restructurings has converged with the number of jobs lost. Job losses have increased in retail and financial services, while the biggest gains have taken place in private and professional services.
More than 1 in 10 employees in the EU are employed on temporary contracts, but a majority of them would prefer a permanent contract. Temporary contracts help employers to manage their labour demand, but there are downsides for employees, such as job insecurity and lower pay.
During the recession and up to 2013, employment grew only in the highest-paid jobs across the EU as a whole. As the recovery takes hold, however, employment is now rebounding low-paid and mid-paid jobs.
Latest findings on job tenure suggest that the amount of time a worker stays in a job is rising on average across the EU, but the fluctuations in the economy may be masking an underlying trend towards shorter tenures.