The European Employment Services Production Index reveals notable variation across countries. Latvia and Lithuania lead with strong production indices, showing growth trends of 9.2% and 8.98%, respectively, in 2022. Other countries like Finland and Romania exhibit moderate upward trends, while Sweden, France, and Hungary reflect modest increases. However, Germany, Slovenia, and the Czech Republic face declines, with decreases of 2.3%, 7.21%, and 8.9%, respectively. These trends indicate differing economic environments and labor market demands across the continent.
Future trends to watch include:
- Potential economic recovery in countries like Germany and the Czech Republic, which might rebound from recent declines.
- Continued investment in digital and remote employment services boosting indices in tech-forward countries.
- Strategic policy shifts in countries with increasing indices to sustain growth and optimize labor markets.
Top countries in Employment Services Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 254.8 | 2022 | +34.18% | +9.2% | View data |
| 2 | 2 Lithuania | 219.4 | 2022 | +16.83% | +8.98% | View data |
| 3 | 3 Finland | 174.9 | 2022 | +14.31% | +5.63% | View data |
| 4 | 4 Romania | 166.5 | 2022 | +17.17% | +6.12% | View data |
| 5 | 5 Sweden | 164 | 2022 | +17.23% | +4.25% | View data |
| 6 | 6 Hungary | 152.2 | 2022 | +5.84% | +5.24% | View data |
| 7 | 7 France | 132.4 | 2022 | +8.7% | +2.19% | View data |
| 8 | 8 Bulgaria | 118.6 | 2022 | +9.81% | +7.49% | View data |
| 9 | 9 Slovakia | 102.4 | 2022 | -0.68% | -1.04% | View data |
| 10 | 10 Czech Republic | 89.9 | 2022 | -11.17% | -8.9% | View data |
