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European Labour Market Barometer

The European labour market barometer provides an outlook for the development of the European labour market in the next three months. In April 2024, component A (unemployment) stands at 99.3 points; component B (employment) stands at 101.8 points; the European labour market barometer averages both components and stands at 100.5 points. Values above 100 signal a positive outlook, values below 100 signal a negative outlook.
European Labour Market Barometer, April 2024
Infographic: A line chart shows the European labour market barometer and its component A (unemployment) and component B (employment) as monthly time series from 2018 until 2024.
Time Series European Labour Market Barometer 2018 until April 2024

Accessible table of the time series of the European Labor Market Barometer

European Labour Market Barometer strengthens

The European Labour Market Barometer recorded its third consecutive increase in April, rising by 0.2 points. It thus stands at 100.5 points and is consolidating in positive terrain. Both components of the leading labour market indicator of the European Network of Public Employment Services and the IAB rose in April. Following an increase of 0.1 points, the employment component stands at 101.8 points. The employment outlook therefore remains favourable. The unemployment component rose by 0.4 points to 99.3 points. The outlook for unemployment is consequently only slightly negative. “The European economy is fighting its way out of the slack period. The mood among European labour market services is on the rise", explains Enzo Weber, IAB head of forecast.

The time series of the European Labour Market Barometer, including its components for all 17 participating employment services, is available at www.iab.de/Presse/elmb-components. More information on the European Labour Market Barometer is available in our Magazine IAB-Forum: Launch of the “European Labour Market Barometer"

Release Dates

  • 31 May 2024
  • 26 June 2024
  • 29 July 2024
  • 28 August 2024
  • 25 September 2024
  • 28 October 2024
  • 27 November 2024
  • 30 December 2024

Contact

Professor Enzo Weber
Dr Christian Hutter

Period surveyed

June 2018 until April 2024

Date of publication

2024/4/26

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Rights of use

The data on the European Labour Market Barometer are published under the following Creative Commons license: Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)

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