The European labour market barometer provides an outlook for the development of the European labour market in the next three months. In July 2022, component A (unemployment) stands at 100.2 points; component B (employment) stands at 103.5 points; the European labour market barometer averages both components and stands at 101.9 points. Values above 100 signal a positive outlook, values below 100 signal a negative outlook.The European Labour Market Barometer fell again in July. The labour market leading indicator of the European Network of Public Employment Services and the IAB dropped by 1.1 points compared to June, but continues to remain at a good level at 101.9 points. A possible halt in gas supplies poses a further risk.
