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labor market
Maps / 28 weeks ago
Europe’s ageing reality: The countries with the oldest and youngest populations in 2024
According to the latest data from Eurostat, the European Union is becoming increasingly greyer, with its median age reaching 44.7 years in 2024. This demographic shift highlights disparities between member states and neighbouring countries. As of January 1, 2024, 21.6% of the EU's population was aged 65 or older, up from 21.3% in 2023. Over the past decade, this figure has surged by nearly 3 percentage points, reflecting long-term trends of low birth rates and increasing life expectancy.
Business / 40 weeks ago
The disturbing unemployment rate in Europe
Recent data from Eurostat indicate that the European Union’s seasonally adjusted unemployment rate declined to approximately 5.9% as of December 2024, compared to 6.1% a year earlier. The rate hovers around 6.3% in the euro area, and it has remained remarkably stable over recent months despite broader economic headwinds. This stability reflects a recovery from past crises and the cautious optimism of policymakers who have implemented a range of structural reforms and targeted fiscal measures.
