2.8 million people find work

2.8 million people find work

2.8 million people find work

The FINANCIAL -- Between the fourth quarter of 2017 and the first quarter of 2018, 2.8 million people (16.9% of all unemployed in the fourth quarter of 2017) found a job.

During this period, 10.3 million (62.7%) remained unemployed and a further 3.4 million (20.5%) became economically inactive. These figures do not include data for Germany.

Of all those initially in employment in the fourth quarter of 2017, 2.6 million (1.4%) became unemployed in the first quarter of 2018, and 3.8 million (2.1%) transitioned into economic inactivity, according to EUrostat.

From those initially counted as economically inactive in the fourth quarter of 2017, 2.9 million (2.5%) moved into employment in the first quarter of 2018, and 3.7 million (3.2%) transitioned into unemployment.

The graphic and table below give an overview of all possible transitions and show the changes in labour market status. In the graphic, the figures for employment, unemployment and inactivity refer to the number of people remaining in each status between the two quarters. The grey arrows indicate the direction of net flows.