Summary
This report presents an analysis of the EMEA labour market as of July 2025, highlighting the ongoing weak hiring activity across most European countries. The anticipated rebound in hiring for 2025 appears to be on hold, with sectors like healthcare and energy showing resilience, while manufacturing and technology face challenges. The report details how hiring levels remain below pre-pandemic figures, particularly in the Nordic region, and outlines the gradual deceleration in hiring since 2023. Despite concerns regarding AI's impact on graduate employment, data indicates stable hiring for junior workers. The report also discusses sectoral performance, noting that healthcare and energy are expected to continue their strong hiring trends, while manufacturing and retail may see modest recovery. Additionally, it addresses the implications of lower interest rates and significant infrastructure investments in Germany, which could support growth. The report concludes by examining trends in youth unemployment and the changing dynamics of new entrants in the labour market.
