Short-term statistics -- focus on employment

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Description

Industry, trade and services
Employment policy
Target audience: Specialised/Technical

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Publié par
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Langue English
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Statistics
in focus
INDUSTRY, TRADE AND
SERVICES
22/2006
Author
Sarmite VISOCKA
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Industry (including
construction) ………………….2
Services ..................................... 5
Shor t -t er m st at ist ic s
Focus on employment
Data on labour input (employment, wages and salaries and hours
worked) are covered by the same Regulation that requires data on
output and prices for industry, construction and some services. This
short publication aims to draw attention to this less well-known labour
input data. For reasons of space, only data for EU-25 are used and at a
high level of aggregation. Full data by country at the 2-digit level of
NACE are available on Eurostat’s web site. As one illustration of the
type of analysis the data permits we examine the proposal that
developments of the index of the number of persons employed reflect
more general developments in the economy as a whole. The study
shows that there is some evidence to suggest that employment
fluctuations in the EU-25 are related in some activities to other STS
indicators, such as the index of production or wages and salaries for
industrial activities, and the index of turnover for services.
About three-fifths (59 %) of employment in the EU-25’s non-financial business
economy was concentrated in non-financial services activities in 2003 (based
on structural business statistics data), the remaining share in industry and
construction. According to STS data, employment change in the EU-25’s non-
financial business economy (NACE Sections C to I and K) is driven mainly by
the services sector.
The figure below shows the development of the employment index for the EU-
25’s industrial, construction and non-financial services sectors from 1998.
While the index of employment fell in industry, it rose in construction and non-
financial services activities over the same period. On average, from one
quarter to the next, the industrial employment index went down by 0.3 %:
declining for mining and quarrying (-1.3 %), manufacturing (-0.3 %), and
electricity, gas and water supply (-0.6 %), while the index for the construction
sector rose slightly by 0.1 % per quarter on average.
In contrast, in computer and other business activities the employment index
averaged 1.1 % growth each quarter (between the first quarters of 1998 and
2006), the most dynamic activity of the non-financial services sector in terms
of employment (at the level of analysis shown in Figure 1). For the other
activities presented in Figure 1 below, quarterly average growth rates ranged
from 0.2 % (transport and communications) to 0.5 % (hotels and restaurants).
Figure 1: industry, construction and services employment indices, seasonally
adjusted, EU-25 (1998=100); source: Eurostat STS
80
100
120
140
160
I-98
I-99
I-00
I-01
I-02
I-03
I-04
I-05
I-06
Computer and other business activities (72 and 74)
Hotels and restaurants (55)
Distributive trade (50 to 52)
Transport and communications (60 to 64)
Construction (F)
Industry (C to E)

Manuscript completed on: 11.09.2006
Data extracted on: 04.07.2006
ISSN 1561-4840
Catalogue number: KS-NP-06-022-EN-C
© European Communities, 2006