Labour Market Monitor 2024

The report is an update of a set of labour market indices first developed and tested in 2010 in collaboration with experts of the Vienna Chamber of Labour (AK). The key labour market dimensions considered are: overall labour market performance, participation of different groups of people, exclusion risks on the labour market, distribution of earnings and redistribution by the welfare state. The present update summarises the results of the monitoring system, based on data predominantly from 2023. Among the EU member countries that could be considered in all five dimensions, Denmark performs best, with a position in the top field in all five dimensions. The Netherlands, Slovenia and Sweden are among the top performers or at least in the upper middle field in all five dimensions. Spain, Slovakia, and Romania are in the lower middle field or in the bottom field in all five dimensions.