Employment rates among Europeans aged between 15 and 29 years old that aren’t engaged in formal education, are considerably high, the European Office for Statistics, Eurostat has revealed.
According to the source, 74.4 per cent of youngsters that aren’t studying, are employed, as data for April, May and June of 2022 reveal. On the other hand, 25.2 per cent of people of this age across Europe were in formal education during the same period, SchengenVisaInfo.com reports.
Malta (87.9 per cent), the Netherlands (87.1 per cent) and Sweden (86.8 per cent) are the main countries where employment rates among youngsters not in formal education are the highest while on the other end of the scale are Italy (59.9 per cent), Romania (64.3 per cent) and Greece (64.5 per cent).
As per employment rates among people in formal education, it stood at 40 per cent in the Netherlands, compared to 74 per cent of those who aren’t in formal education, followed by Denmark (51 per cent), Finland (49 per cent), Germany (43.8 per cent), and Austria (40.6 per cent).
Youngsters working while also enrolled in formal education were less common in Romania, as only six per cent of them were employed, representing 2.5 per cent of the population of this age and category that is employed, followed by Slovakia (5.1 per cent) and Hungary (5.6 per cent).
Comparing employment rates between youngsters in formal education and those that aren’t, in the second quarter of the year, the employment rates were up by 3.1 percentage points for those not in formal education and by 2.4 per cent for those in formal education.
The largest increases in employment for people not engaged in formal education were recorded in Lithuania, Spain, Ireland, Greece and Italy, surging between 8.7 percentage points and six per cent. On the other hand, Slovenia, Romania, Finland and Czechia experienced decreases from 5.4 to 0.4 percentage points.
“In terms of people in formal education, the largest increases were registered in Ireland (+8.0 pp), Finland (+4.7 pp), the Netherlands and Lithuania (both +4.5 pp) and Cyprus (+4.2 pp). In contrast, three Member States registered decreases: Luxembourg (-5.1 pp), Malta (-3.0 pp) and Belgium (-0.3 pp),” Eurostat explains.
These employment rates indicate the level of integration of young people in the labour market and at the EU level, the difference between youngsters out of formal education that is employed and those that aren’t, stood at 8.5 percentage points in the second quarter of 2022, with the lowest difference being recorded in the Netherlands, which is the only country where the employment rate of young people surpassed the employment rate of people aged 30-54 years by 0.3 percentage points.
Malta and Italy follow the list, with employment rates being 0.3 percentage points and two percentage points, below employment rates of people aged between 30 and 54 years old. In Slovenia, Romania, Italy, Bulgaria, Greece and Czechia the employment rate for youngsters not in formal education is lower than for those aged 30-54, with a difference of 11.5 percentage points or more.
Read More: 75% of European Youngsters Not in Formal Education Are Employed, Eurostat Reveals