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European Labour Market Barometer

The European labour market barometer provides an outlook for the development of the European labour market in the next three months. In May 2026, component A (unemployment) stands at 99.9 points; component B (employment) stands at 100.3 points; the European labour market barometer averages both components and stands at 100.1 points. Values above 100 signal a positive outlook, values below 100 signal a negative outlook.
European Labour Market Barometer May 2026
 A line chart shows the European labour market barometer and its component A (unemployment) and component B (employment) as monthly time series from 2018 until 2026.
European Labour Market Barometer Time Series until May 2026

Accessible table of the time series of the European Labour Market Barometer

European Labour Market Barometer remains slightly positive

The European Labour Market Barometer remains at 100.1 points in May. The early indicator of the European Network of Public Employment Services and the IAB thus remains slightly above the neutral value of 100 points. The employment component recorded a decrease of 0.2 points compared to the previous month, but remained in the slightly positive range at 100.3 points. The unemployment forecasting component continues to approach the stability mark, rising by 0.2 points to 99.9 points. “Europe’s labour markets have no clear direction. Recovery factors and setbacks such as the oil price shock are offsetting,” said Enzo Weber, IAB head of forecast.

The time series of the European Labour Market Barometer, including its components for all 18 participating employment services, is available at www.iab.de/Presse/elmb-components. More information on the European Labour Market Barometer is available in our Magazine IAB-Forum: Launch of the “European Labour Market Barometer".

Run by the European Network of Public Employment Services and the Institute for Employment Research (IAB), the European Labour Market Barometer is based on a survey of the local or regional employment agencies in 18 PES services. A leading indicator of employment and unemployment in labour markets, the survey has been carried out jointly by the employment services and the IAB since June 2018. Agencies are asked to assess both the unemployment and employment outlook for the next three months, resulting in two components and one barometer for each PES. The European barometer is then derived from these national scores in the form of a weighted average.

Participating countries include: Belgium (German-speaking community, Wallonia), Bulgaria, Denmark, Germany, Iceland, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Austria, Poland, Portugal, Sweden, Switzerland, Spain and Cyprus.

Taken from: Labour market barometer helps predict (un)employment trends | European Social Fund Plus (europa.eu)

Release Dates

  • 26 June 2026
  • 29 July 2026
  • 26 August 2026
  • 28 September 2026
  • 28 October 2026
  • 25 November 2026
  • 30 December 2026

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Period surveyed

June 2018 until May 2026

Date of publication

2026/5/27

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Rights of use

The data on the European Labour Market Barometer are published under the following Creative Commons license: Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)

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