European Countries by Employment Rate 2021 Update : Current School News

European Countries by Employment Rate 2021 Update

Filed in Articles by on November 24, 2021

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– European Countries by Employment Rate –

How can you find European countries by employment rate? The high rate of unemployment is one of the most serious challenges confronting not just emerging nations, but even wealthy and developed economies. It affects the United States as well.

List of European Countries by Employment Rate 2021

However, in the light of all this, note. We have some European countries that have maintained a healthy rate of employment for a long time.

What is Employment Rate?

When we say employment rate, we mean the proportion of those employed when compared to the population that belongs to the working age.

The working-age definition and meaning vary from one source to another. While the Organisation for Economic Co-operation and Development uses 15 to 64 age groups as the working population.

Also, the office of National Statistics takes the working population to be between 16 to 64 years of age.

The List of European Countries by Employment Rate

Below is the list of European countries by employment rate:

9. Norway

The first country on the list for the highest employment rates in the world is Norway. Over the years, the average employment rate in the country has been around 68.52%.

The period under consideration is from 1988 to 2017. In 2016, the employment rate of those who were between the ages of 15 years to 64 years was 74.4%, which is one of the highest amongst the world countries.

8. Germany

With the best employment rate being 75.30% in the last quarter of the previous year, the European country sure deserves a place in the list of the top ten countries with the best employment rate in the world.

The rate of employment averages somewhere around 68.58% between 1992 to 2017. As per the National Statistics Organization, the current employment rate in Germany is 74.6%.

7. The Netherlands

The employment rate in the first quarter of 2017 of the country which was formerly known as Holland was reported to be around 75.10%.

While they have reported the average rate from the year 1992 to 2017 to be somewhere around 72.25%, making it the eighth-best country in the world as far as the employment rates are concerned.

In 2016, as per the OECD, the employment rate in the Netherlands was 74.8%.

6. Denmark

Next on the list is the Scandinavian country of Denmark. It has long been known that this country has one of the lowest rates of unemployment in the world.

Almost the entire population who is working and will work seems to work in Denmark.

With an average employment rate of somewhere around 65.66% between the years 2007 to 2017, Denmark sure deserves a place on this list. In 2016, as per the OECD, the employment rate in Denmark was 74.9%.

5. United Kingdom

In between the years 1971 to the year 2017, the employment rate in the United Kingdom averaged somewhere around 71.10%.

In June 2017, the rate of employment in the British countryside was somewhere around 75.30%. The lowest unemployment rate in the country had once been almost around 3.4%.

If you consider the people lying somewhere between the age of 16 years to 64 years, the rate of employment in the United Kingdom is 75.3% as of the year 2016. The Office provides the data for National Statistics.

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4. New Zealand

With an employment rate of around 75.6% in 2016, New Zealand stands fourth in our list of top 10 countries with the highest employment rate in the world.

The average employment rate in the country between the years 1986 to 2017 is around 62.35%. However, it has been reported that the employment rate in the country is on the decline in recent years.

It has further been estimated that the employment rate in New Zealand in the year 2020 will decrease to be somewhere around 65.01% and the average rate might even fall to 66.05%.

3. Sweden

With an unemployment average rate being somewhere around 5.94% in the years 1980 to 2017, the Scandinavian country of Sweden is amongst the top countries which have the high rate of employment in the world.

In fact, the lowest unemployment rate recorded in the country has been a mere 1.3% which was in the year 1989.

In the year 2016, as per the OECD, the rate of employment for all those who fall in between the age range of 15 years to 64 years was 76.2% in the year 2016 as per the latest data by Organization for Economic Co-operation and Development.

2. Switzerland

Another country which surely deserves a place in the list of top 10 countries with the highest employment rates in the world is the European country of Switzerland.

As per the latest data circulated by the Organisation for Economic Co-operation and Development, the employment rate in this beautiful country was somewhere close to 80 percent in the year 2016.

It is explained that the nature of most of the jobs in the country is permanent.

Similarly, there are other theories that show that the unemployment rate was kept low as the government tried to send back the immigrants if they tried to take the job of other locals within the country.

In fact, the unemployment rate in the country has always been on the lower side. It averaged somewhere around 3.3 % between the years 1995 till 2017.

1. Iceland

Iceland has long been known to have the highest rate of employment not only in Europe but in the whole of India. The lowest employment rate in this European country has been somewhere around 73.5% in the year 2011.

Like in the other countries, in Iceland they measure the employment rate as the percentage of the total population who has a job when you compare it to the total population who belongs to the working age.

As per the Organisation for Economic Co-operation and Development, in 2016 the employment rate was 86.3% for the age range belonging from 15 years to 64 years.

The above are the top 9 European countries that have consistently recorded the highest rates of employment through all the years and will continue to do so as per the latest reports!

If you find this article informative, please share it with others.

CSN Team.

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