The European Employment Services Turnover Index, measured in thousands, reveals significant diversity across countries. Serbia leads with the highest turnover index at 47.75, showing a robust year-on-year increase of 26.59%. Lithuania and Latvia follow, both with substantial growth rates, reflecting vibrant employment service markets. Conversely, countries like Slovakia, Montenegro, and Malta show declining trends, with notable contractions in 2022. These trends illustrate varying regional economic activities and labor market dynamics.
Future trends to watch include:
- Potential growth in Eastern European countries driven by economic improvements.
- Western Europe's potential stabilization and moderate growth trajectory.
- Attention to policy changes or economic shifts that may impact employment services across Europe.
Top countries in Employment Services Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 477.5 | 2022 | +27.61% | +26.59% | View data |
| 2 | 2 Lithuania | 305.3 | 2022 | +25.53% | +15.58% | View data |
| 3 | 3 Latvia | 285.6 | 2022 | +48.44% | +17.52% | View data |
| 4 | 4 Romania | 238.6 | 2022 | +27.66% | +10.87% | View data |
| 5 | 5 Estonia | 227.9 | 2022 | +22.07% | +9.8% | View data |
| 6 | 6 Poland | 213.3 | 2022 | +31.1% | +9.52% | View data |
| 7 | 7 Hungary | 207.1 | 2022 | +16.74% | +10.36% | View data |
| 8 | 8 Greece | 201.5 | 2021 | +10.23% | +11.35% | View data |
| 9 | 9 Bosnia and Herzegovina | 201.2 | 2022 | +28.56% | +11.26% | View data |
| 10 | 10 Sweden | 196.7 | 2022 | +20.38% | +6.24% | View data |
