The euro area job vacancy rate fell to 2.1% in Q3 2025 (from 2.3% in Q2 and 2.5% a year earlier), reflecting continued easing in labor demand across the region.

• The EU job vacancy rate declined to 2.0% in Q3 (from 2.1% in Q2 and 2.3% YoY), indicating a broadly similar cooling trend across Member States.

• In the euro area, vacancy rates stood at 2.0% in industry and construction and 2.3% in services, showing higher unmet demand in service-sector roles.

• In the EU, industry and construction vacancies were lower at 1.8%, while services registered 2.1%, mirroring the euro area sectoral split.

• The highest vacancy rates were recorded in the Netherlands (4.1%), Belgium (3.8%), Malta (3.4%), Austria (3.2%), and Cyprus (3.0%), highlighting persistent tightness in select labor markets.

• The lowest vacancy rates were observed in Romania (0.6%), Bulgaria and Poland (both 0.8%), followed by Spain (0.9%), Slovakia, and Finland (both 1.0%).

• Compared with Q3 2024, vacancy rates increased in 3 Member States, were unchanged in 4, and declined in 20, with the largest drops in Germany and Austria (both -0.6 pp) and Cyprus and Latvia (both -0.5 pp).

• By activity, the highest euro area vacancy rates were in administrative and support services (3.3%), construction (3.0%), professional and technical activities (2.6%), accommodation and food services (2.4%), and information and communication (2.3%), indicating remaining pockets of labor demand despite overall easing.

The euro area job vacancy rate fell to 2.2% in Q2 2025, down from 2.4% in Q1 and 2.6% a year earlier, reflecting continued easing in labor demand.

• The EU job vacancy rate was 2.1% in Q2 2025, down from 2.2% in Q1 and 2.4% in Q2 2024, showing a broad-based decline.

• In the euro area, the vacancy rate stood at 2.0% in industry & construction and 2.4% in services; in the EU, rates were 1.8% and 2.3% respectively.

• The highest vacancy rates were in the Netherlands (4.2%), Belgium (3.9%), Austria (3.4%), Cyprus (3.3%), and Malta (3.2%).

• The lowest rates were recorded in Romania (0.6%), Spain and Poland (both 0.8%), and Bulgaria (0.9%).

• Compared with Q2 2024, vacancy rates increased in 5 Member States, were stable in 3, and declined in 19, with the largest decreases in Greece (-0.9 pp), Finland (-0.7 pp), and Germany and Austria (both -0.6 pp).

• By activity, the highest euro area vacancy rates were in administrative & support services (3.1%), construction (3.0%), professional & technical activities (2.9%), accommodation & food services (2.6%), and information & communication (2.6%).

The euro area job vacancy rate fell to 2.4% in Q1 2025, down from 2.3% in Q4 2024 and the lowest since Q2 2021.

• The industry and construction vacancy rate fell to 2.1%, down from 2.2% in the previous quarter.
• The services vacancy rate was unchanged at 2.7%.
• The highest vacancy rates are in the professional & technical services (3.3%), accommodation & food service (3.4%), and admin & support services (3.9%) industries.

The euro area job vacancy rate was unchanged from the previous quarter at 2.5% in Q4 2024, sitting just above the pre-pandemic rate of 2.3%.

• Vacancy rates were 2.2% in both industry and construction, and 2.7% in services.
• The services sector continues to see high vacancy rates. Admin & support services has the highest vacancy rate of all industries at 4.1% following by information & communications at 3.2%.
• The manufacturing and mining & quarrying vacancy rates are among the lowest at 1.8% and 1.3% respectively.
• Over the course of 2024, the vacancy rate fell -0.4 ppts with most of that decline coming in Q2 2024.

The euro area job vacancy rate eased from 2.6% in Q2 2024 to 2.5% in Q3 2024 and down from the near-term peak of 3.3% in Q2 2022. Vacancy rates were 2.1% in industry and construction, and 2.7% in services. The vacancy rate is not just 0.1 ppt above the peak 2019 vacancy rate of 2.4% (set in Q1 2019).