Quarterly Review of Employment and Social Developments in Europe (ESDE)

Institution	Europäische Kommission / Generaldirektion Beschäftigung, soziale Angelegenheiten und Chancengleichheit
Titel	Quarterly Review of Employment and Social Developments in Europe (ESDE) - January 2023.
Quelle	Luxembourg (2023), 26 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	Employment and social developments in Europe : Quarterly review
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Familie; Frau; Familienpolitik; Kinderbetreuung; Kindergarten; Kindertagesstätte; Frühpädagogik; Einkommensentwicklung; Kosten; Privathaushalt; Wirtschaftsentwicklung; Arbeitskräftebedarf; Arbeitslosigkeit; Arbeitsmarktentwicklung; Beruf; Erwerbsbeteiligung; Internationaler Vergleich; Auswirkung; Entwicklung; Haushaltseinkommen; Inanspruchnahme; Europäische Union
Abstract	"Since almost one year Russia's war of aggression against Ukraine continues provoking immense human suffering, fuels high energy prices and inflation and has also led to significant disruption in global supply chains. This has impacted the EU economy and amplified the uncertainty of economic operators, worsening their expectations for future economic growth. According to the latest data, EU economies continued to grow moderately, maintaining the expansion that started in spring 2021, but they are slowing down and are expected to slow down further in 2023 according to the European Commission economic forecasts. The labor market remained solid, as total employment and the unemployment rate reached new record levels, and companies remain quite optimistic about hiring prospects. However, there are some signals of a potential deterioration in the labor market. The employment rate stopped growing, and the participation rate declined slightly, while movements of people into employment from inactivity and unemployment slowed down. Youth unemployment is on the rise in many Member States, and households expect an increase also in total unemployment in the near future. Labor shortages started to decline slightly from the very high levels reached after the COVID-19 crisis, signalling a potential relaxation of labour demand. Also, the situation of household finances continued to worsen. The real disposable household income decreased in the second quarter of 2022 for the first time since the outbreak of the COVID-19 pandemic in winter 2020, despite the growth of GDP. At the same time an increasing percentage of households, and in particular the poorest ones, report financial difficulties, a trend that affects almost all Member States. In 2022, the European Commission presented the European Care Strategy to ensure quality, affordable and accessible care services in the EU. Participation in early childhood education and care is one of the key enablers for children development, equality of opportunity and active participation in society later in life. In this context. the thematic section of this review focuses on affordability of childcare. It explores the out-of-pocket childcare costs over time for different households across Member States using the OECD Tax Benefit model and the latest Net Childcare Costs report, recently published with the support of the European Commission. By investigating the dynamics of net childcare costs, early childhood education and care participation and employment rates, the analysis sheds light on the monetary trade-offs and incentives for women, in particular in low- and mediumincome families, to use childcare services and take up a job." (Text excerpt, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2024/1