Employment Stats Europe

Workforce

  • In 2009, 46% of all over 55s in the EU are in employment1
  • This is a increase of 9.5% in the last 10 years
  • Iceland has the highest percentage of its over 55s in employment, 80.1%
  • Turkey has the lowest percentage of its over 55s in employment, 27.7%
  • The average retirement age in the EU was 61 years in 20092
  • Slovakia has the earliest retirees with a average age of 58.8
  • Iceland has the latest retirees with a average age of 64.8

Earnings

  • In 2002, over 50s in the EU earned on average €2375.49 per month3
  • In comparison, 30-39 years olds earned €2240.05 per month and 40-49 year olds earned €2310.65 per month4,5
  • Over 50s earned on average less than 30-39 or 40-49 year olds in Czech Republic, Estonia, Iceland, Latvia and UK 3,4,5

Unemployment

  • There are currently 3.5 million unemployed 50-64 year olds in the EU6
  • Spain, (837,000), France, (582,000) and UK, (345,000) have the highest amount of unemployed over 50s 

Books

Notes

Most recent data available has been used in all cases