IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

EU Employment rate of people aged 20 to 64 reached a peak at 73.1% in 2019

April 21, 2020

In  the year 2019, the year before COVID-19 containment measures were widely introduced by EU Member States, the employment rate of people aged 20 to 64 in the European Union of 27 Member States (EU) rose to 73.1% relative to 72.4% in 2018, according to Eurostat, the statistical office of the European Union. By the year 2020, the Europe 2020 strategy target was to achieve a total employment rate for people aged 20 to 64 of at least 75%.

There were increases in the employment rates both for men and women in the period up to 2019. The employment rate for men struck 79.0% in 2019. The employment rate for women rose to 67.3% in 2019, a continuous increase since 2010. The employment rate of persons aged 55 to 64 in the EU also grew gradually, from 35.0% in 2000 to 59.1% in 2019. Notably, one of the objectives of the Europe 2020 strategy on employment is more participation of older workers.

In comparison to 2018, there was an increase in the employment rate in 2019 for those aged 20 to 64 in all Member States with the exception of Sweden, where it declined (-0.3 percentage points, pp), though remaining on a very high level. Employment rate advanced mostly in Bulgaria (+2.6 pp), Cyprus (+1.8 pp), Greece and Malta (both +1.7 pp) and Croatia (+ 1.5 pp).

Eurostat also noted, “the highest employment rates were recorded in Sweden (82.1%), Germany (80.6%), Czechia (80.3%), Estonia (80.2%) and the Netherlands (80.1%). These five countries also exceeded their national targets for this indicator, as was the case for Ireland, Croatia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Portugal, Romania, Slovenia and Slovakia. On the other hand, the lowest employment rate was observed in Greece (61.2%), although it grew over the year (+1.7 pp), followed by Italy (63.5%, +0.5 pp), Croatia (66.7%, +1.5 pp) as well as Spain (68.0%, +1.0 pp).”

The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
June 4, 2026   Supreme Ventures Limited (SVL) has advised that on June 3, 2026, a Director purchased 100,000 SVL shares.   Dis…
shutterstock_148562033
June 4, 2026   NCB Financial Group Limited (NCBFG) has advised that a connected party purchased 2,000,000 NCBFG shares on June 1, 2026. …
shutterstock_453968572
June 4, 2026   Massy Holdings Ltd. (MASSY) has advised that Mr. Patrick Hylton was elected Chairman Designate of the Board of Directors, ef…
shutterstock_537598660
June 4, 2026 Jamaica is setting its sights on a new era of tourism growth, with Tourism Minister Edmund Bartlett unveiling an ambitious strategy …
shutterstock_453968572
June 4, 2026   United States: Iran Says No Progress in US Talks as Lebanon Sees More Clashes   Iran said there had been no recent …
shutterstock_148562033
June 3, 2026   JFP Limited (JFP) has advised that on June 2, 2026, a connected party purchased 2,489,692 JFP shares and a Director sold 1,9…
shutterstock_609342323
June 3, 2026   Kingston Wharves Limited (KW) has declared a dividend of J$0.26 per stock unit payable on August 14, 2026, to stockholders o…
shutterstock_342262439
June 3, 2026   Scotia Group Jamaica Limited (SGJ) advised that at a meeting of its Board of Directors to be held on June 11, 2026, a divide…