Information on data
Scope of labour market statistics
Labour market statistics provide information on the labour supply from individuals, labour demand from businesses as well as the resulting labour prices (earnings for employees and labour costs for firms).
They present short-term and structural aspects of the labour market and are expressed in monetary (for example hourly labour costs in euros) and non-monetary terms (for example number of persons).
The topics covered in this section are:
- earnings
- job vacancies
- labour cost
- quality of employment
Labour market statistics and EU policies
Many EU policies rely on labour market statistics. Importantly, they are used to monitor the European Employment Strategy (EES), the European Pillar of Social Rights (EPSR) and the 2030 Agenda for sustainable development.
Annual statistics make a key contribution to the indicator sets for the
- employment guidelines ( part II of the Europe 2020 integrated guidelines) within the European employment strategy
- implementation of the principle of equal opportunities and equal treatment of men and women in matters of employment and occupation, which requires data on the wages received by men versus women.
Infra-annual statistics provide important information for business cycle analysis and monetary policy. These include data from the principal European economic indicators (PEEIs), such as monthly unemployment rates, the labour cost index (LCI) and the quarterly job vacancy statistics (JVS).