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Economy

EU employment reaches highest level since 2005 at the end of last year

The employment rate in the EU reached its highest level at the end of 2024, while the unemployment rate recently also came to a record low. Euronews Business takes a closer look at the labour market across Europe.

Economy

Fed headache ahead as tariffs fuel higher prices and slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting.

Economy

US added 228,000 jobs in March despite Donald Trump's federal cuts

Although the labour market remained strong in March, an increasing number of immigrant deportations could cause labour shortages in the coming months.

Economy

US hiring likely remained robust last month: But can it hold up?

New hiring data from the US, set to be released on Friday, will likely be positive. Even so, economists warn of risks ahead from tariffs, DOGE, and restrictions on migration.

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Economy

Florida to consider relaxing child labour laws to fill vacant jobs

Now that the United States is cracking down on immigration, some low-skill jobs may not be so easy to fill. So the state is debating lifting some child labour laws to involve minors.

World News

How can the EU respond to its skilled labour shortage?

The European Commission has identified 42 occupations shortages, particularly in construction, transport and health sectors.

Economy

US job market remains strong despite rising global tariff uncertainty

The US job market stayed resilient in February, although there were increasing concerns of the effects of US president Donald Trump's new policies regarding the federal workforce and global tariffs.

Europe News

EU's workforce challenge: Commission unveils plan to bridge skills gap

The Union of Skills focuses on strengthening education, upskilling, internal labour mobility and attracting foreign talent.

Economy

Portugal: Unemployment hits its lowest level in more than two years

Unemployment was 6.2% in Portugal in January 2025, the lowest since October 2022.

Tech News

EU Parliament plans AI and workplace initiative for next year

The plan was already discussed during the negotiations of the AI Act.

Economy

Spain's economy remains robust with jobless total lowest for 16+ years

Analysts expect Spain's economy to continue to recover in the coming months, despite being likely to stay vulnerable to the continuing effects of the Valencia floods, and with the possibility of tariffs being imposed on the EU by the US.

Business

German garden centres celebrate after Christmas-themed legal win

The legal battle over baubles and fir branches dates back several years - and is linked to German employment laws.

Economy

German unemployment rises less than expected in November

The number of unemployed people rose far less than expected this month, reflecting a resilience in the German labour market, despite a surge in job cuts recently by major companies such as Volkswagen and Schaeffler.

Europe News

Germany's job market reliant on thousands of migrants, experts say

An analysis by the independent Bertelsmann Foundation has sounded the alarm that Europe's biggest economy will need thousands of additional workers from abroad to thrive.

Europe in Motion

UK reports highest growth rate in permanent migration to OECD area

In 2023, Britain was first in terms of the number of migrants that settled to the country permanently relative to its population. In terms of the total number of new arrivals in OECD countries, it was second only to the US.

Economy

Irish economy likely to lag in 2024 as multinational sector declines

The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.

Economy

French jobless total on the rise as concerns over growth continue

France has been dealing with increasing economic and political uncertainties, mainly arising from the snap elections back in June, which resulted in a hung parliament.

Economy

German inflation plunges to over three-year low as energy prices wane

German inflation fell for the second month in a row in September, as energy prices pulled back. However, food prices rose at a faster pace.

Economy

Want a job? You may no longer need a degree, according to LinkedIn

Hiring patterns for businesses in the UK have changed in recent years. Increasingly, employers are happy to recruit staff who do not have a degree. Euronews Business looks at the reasons behind the change.

Business

Bosses looking for a sweeter deal to lure staff back to the office

A survey of the world's leading business leaders finds they have little appetite for hybrid working and are looking to encourage workers back to the office with better deals on pay and promotion.