The EU sport sector created 1.3 million jobs in 2021

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In 2021, 1.37 million people were employed in the sport sector in the EU, representing 0.7% of total employment. At EU level, the number of people working in sport in the EU has recovered after falling during the height of the COVID-19 pandemic (1.37 million employees in 2019; 1.31 in 2020), according to Eurostat, the statistical office of the European Union. Union..

The EU countries with the highest proportion of people working in sport were Sweden (1.4 per cent of total employment), Finland (1.3 per cent), Spain and France (each 1.1 percent). While the EU countries with the lowest proportions of people working in sport were reported in Romania (0.2 per cent of total employment), Malta (0.3 per cent) and Bulgaria, Slovakia and Poland (0.4 percent each).

In the sports sector, men were more represented than women (55% and 45%, respectively), resulting in a slightly larger gender gap than that observed for overall employment (54% and 46%, respectively). With regard to age, 32 per cent of those employed were young people (aged 15 to 29), nearly double the share observed for overall employment (17 per cent). People aged 30-64 accounted for 65% of sport employment, 15 percentage points lower than the share reported for total employment.

Almost half (47%) of those employed in the sport sector had an average level of education (levels 3-4 of the International Standard Classification of Education), followed by those with higher education (ISCED 5 -8) with 40% (3 percentage points higher than for total employment). People with a lower level of education (ISCED 0-2) accounted for 13% of employment in sport.

According to recent data released by the EU statistics agency, overall unemployment in the 19-nation eurozone still exceeds that of the enlarged European Union, but the rate fell slightly in July to 6.6%, notably, this is a reduction of a full percentage point compared to the same time in 2021 and represents some 1.5 million employees who have re-entered the labor market in the past year.

The unemployment rate in the EU27 also fell, from 6.9% in July 2021 to 6% a year later, according to the Eurostat report. Meanwhile, long-term data indicates that the EU and the Eurozone, also known as the Eurozone, have some of the highest employment figures for nearly 15 years. Unemployment peaked at over 11.5% in 2013, but steadily declined each year thereafter until peaking at the onset of the Covid-19 pandemic.

The unemployment rate is higher for workers under the age of 25. Some 2.6 million young workers are unemployed in the EU, representing a rate of 14%. Yet 329,000 young workers have returned to the labor market over the past year, including 244,000 in the eurozone, made up of the 19 member states that have adopted the euro as their sole legal currency.

By gender, women experience a slightly higher unemployment rate than their male counterparts. Eurostat reports that 6.4% of women in the EU are unemployed, compared to 5.7% of men, rates unchanged from June.

Unemployed people are defined as unemployed people “who have actively looked for work in the last four weeks and are available to start work within the next two weeks”, according to the report.

Geographically, Spain has the highest unemployment rate in the euro zone with 12.6% in July 2022. With 11.4%, Greece is the only other country with a double-digit rate. The second highest rate is in Cyprus, with a fixed rate of 8%.

On the other hand, the Czech Republic enjoys the lowest unemployment rate in the euro zone with 2.3%. One percentage point behind are Poland (2.6%), Germany and Malta (2.9%) and Norway (3.1%).

By comparison, the United States recorded an unemployment rate of 3.5% in July. Separately, European economic activity fell again in September, a closely watched survey showed on Friday, bolstering expectations of an impending recession.

“The eurozone economic slowdown deepened in September, with business activity contracting for a third consecutive month,” said the S&P Global Flash Eurozone PMI.

“Although modest, the rate of decline has accelerated at a pace that, barring pandemic closures, was the fastest since 2013.”

The PMI fell from 48.9 in August to 48.2 in September, with a score below 50 representing an economic contraction.

“A eurozone recession is on the cards as companies report worsening business conditions and mounting price pressures from soaring energy costs,” said Chris Williamson, chief economist at S&P Global Market Intelligence.

Agencies

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