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Employment Rate Of People Aged 20 To 64 In The EU Reached A New Peak!

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According to Eurostat, in 2016, the employment rate of the population aged 20 to 64 in the European Union (EU) stood at 71.1%, up compared with both 2015 (70.1%) and its previous peak recorded in 2008 (70.3%).

The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the EU by 2020.

The upward trend in employment rate is visible both for men and women. For men, their employment rate hit 76.9% in 2016, an increase compared with 2015 (75.9%) but still below its 2008 level (77.8%). As for women, their employment rate has continuously risen since 2010 to reach 65.3% in 2016.

Source: Eurostat/Ministry of Economy

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