"Map of the Moment" is frequently updated with the selected map as the representation of the map production at Nordregio. The map is related to either a theme currently debated in society, or a project recently conducted at Nordregio.
The selected map as the current "Map of the Moment" is Employment Rate (20 - 64 years) in Europe 2005-2015.
An animation map on employment in Europe over 2005 to 2015 has been produced, which is a new way of visualizing the time series data.
The map shows the development of the employment rate in Europe between 2005 and 2015. The employment rate for the age group 20 to 64 years is one of the indicators of the EU2020 strategy that was proposed by the European commission in 2010. The goal is to increase the employment rate in the EU from 68.5% in 2010 to at least 75% in 2020. In 2015, halfway to the 2020 target, the employment rate for the EU was 70% indicating that there are still improvements to be made.
The employment rate is an indicator of the economy of a country or a region and is sensible to changes in economic cycles. Economic recessions tend to be visible on employment rates a bit after the recession has started and the employment rate tends not to grow until the remainder of the economy has recovered. This pattern is clear when you examine the map. The impact of the financial crisis of 2007 and 2008 is visible on the employment rates from 2009 with the bottom being reached in 2013.
Although most regions were affected by the financial crisis the regional differences are clear, indicating differences in the resilience of regional economies. Countries like Greece, Spain, Cyprus, Portugal and Ireland were severely affected by the financial crisis with employment rates dropping between 7 and 13% between 2008 and 2013. Other countries like Germany, Austria and Poland maintained or even increased levels of employment during the same time period. In some regions in Germany, such as Berlin, the employment rate increased with almost 6% between 2009 and 2013.
Since 2013 there has been a recovery where especially the regions that were severely affected by the financial crisis have started to bounce back. However there are still big regional differences prevailing. In 2015 100 (36.5%) of the NUTS2 regions in the European Union had reached the EU2020 goal of 75% employment rate whereas 174 NUTS2 regions (62.8%) had not.