ECB Opinion on legislation relating to Community job vacancy statistics

A number of options for job vacancy statistics in Europe have been identified .

Rapid quarterly data on job vacancies are required by the Commission and by the European Central Bank for monitoring short term changes in job vacancies .

ECB Opinion on legislation relating to Community job vacancy statistics

Option A Continuation of the collection of data on job vacancies under the gentlemen 's agreement .

The Commission and the European Central Bank need to receive quarterly data on job vacancies rapidly in order to monitor short term changes in job vacancies by economic activity .

Member States shall be required to apply seasonal adjustment procedures to the quarterly job vacancy data .

The proposed breakdown is , moreover , important for explaining changes in the overall number of job vacancies .

The development of good quality statistics on job vacancies is firmly fixed as a priority for the Council .

Similarly , job vacancy data serve as a leading indicator for certain labour market variables , in particular employment and unemployment .

In addition , a number of Member States need a legal basis in order to be able to continue with the collection of data on job vacancies .

The job vacancy data , which are included in the list of Principle European Economic Indicators (' PEEIs ') ( 3 ) , are needed to monitor shortterm changes in job vacancies by economic activity .

Seasonally adjusted job vacancy data facilitate the interpretation of quarterly changes .

This Regulation lays down the requirements for the regular quarterly production of statistics on Community job vacancies .

Member States shall provide data on occupied posts in order to standardise job vacancy data for comparative purposes .

But the number of job seekers exceeded the number of openings in every industry.

The data on Community job vacancies covered by both proposed regulations are important for the ECB .

Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on quarterly statistics on Community job vacancies

A structural indicator of job vacancies has been listed by the Employment Committee to be developed and published as a measure of labour market tightness and skill shortages .

Job opportunities

In addition , studies show that these enterprises tend to create larger numbers of new job vacancies than larger business units .

Price stability contributes in several ways to achieving high levels of economic activity and employment

Offers of professional assistance

In order to satisfy users demands for job vacancy statistics , Eurostat intends to establish a legal basis for the collection of job vacancy data .

( 5 ) Data on job vacancies broken down by economic activity , among other characteristics , are required by the Commission in the framework of the European Employment Strategy for monitoring and analysis of the level and structure of labour demand .

All Member States agreed on the importance of having a clear and appropriate legal framework for the collection of quarterly job vacancy data .

to accept offers of employment actually made

set up appropriate machinery to bring offers of employment into touch with applications for employment and to facilitate the achievement of a balance between supply and demand in the employment market in such a way as to avoid serious threats to the standard of living and level of employment in the various regions and industries.

The ECB published its requirements for the short term statistics required to conduct monetary policy ( 2 ) , which include data on job vacancies .

Proposal for a regulation of the European Parliament and of the Council on quarterly statistics on Community job vacancies ( COM ( 2007 ) 76 ) , pdf 159 kB , en

Invitations to make offers

Each Member State shall submit to the Commission ( Eurostat ) data on job vacancies at least for business units with one employee or more .

The purpose of the proposed regulation is to establish a legal basis for the collection , transmission and evaluation of quarterly job vacancy data in the Community ( 2 ) .

It monitors public finances and initiates the procedure on excessive deficits .

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this also gave rise to the Principal European Economic Indicators ( PEEI ) , which include job vacancy statistics and were adopted by the Ecofin Council on 18 February 2003 .

As the national job search portals are the natural first place to search for work, presenting clearly visible the option to search for European vacancies provides jobseekers with a more complete picture of the opportunities for employment.

( b ) the ranking of their respective tender bids

Methodology used The document has benefited from the work done by the Task Force set up with the aim of establishing a legal basis for job vacancy statistics .

The intention of this legal basis is to establish a legal framework to cover current and identifiable future activities in the field of quarterly job vacancy statistics .

The ECB welcomes the availability of seasonally and working day adjusted job vacancy data as soon as 16 quarters of the data have been published .

From recent research, we have learned a number of interesting things about how the evolution of economic structure affects employment.

Article 27 Abnormally low tenders 1 .

( b ) The feasibility study to assess how quarterly job vacancy statistics can be obtained from business units with less than 10 employees is important as these business units make up a large majority of the total employment in many Member States .

Examining previous deep financial crises, there was every reason to be concerned that the employment decline would be catastrophically deep and the recovery extraordinarily slow.