Labour Market Report

The labour markets across Europe continue to evolve, shaped by economic growth, changing workforce dynamics and new opportunities for talent.

Spain continues to stand out for its strong economic performance and employment growth, with 600,000 new jobs created in 2025. Italy is seeing unemployment fall to its lowest level since before the financial crisis, while Portugal’s growing technology ecosystem continues to attract new companies and investment. At the same time, changing workforce dynamics are influencing how organisations approach talent across the region.

Three markets, different talent dynamics

While each market is evolving differently, the ability to understand talent availability, workforce mobility and changing skills needs is becoming increasingly important for organisations making hiring and workforce decisions across Southern Europe.

Our H2 2026 Labour Market Report brings together the latest economic and employment data including:

• Economic growth and key labour market indicators
• Employment, unemployment and job vacancy trends
• Talent availability and workforce growth
• Job mobility and employee turnover
• Skills and workforce dynamics
• Key developments shaping each local market

Download the H2 2026 Labour Market Report to explore the latest data and insights shaping the labour markets.