Labor Market Overview in Belgium - EU helpers

Labor Market Overview in Belgium

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Belgium's labor market remains relatively stable, with an unemployment rate of 5.4%, which is lower than the European Union's average of 6.7%. Despite this overall figure, youth unemployment remains a challenge, with the rate for individuals under 25 years old at 13%, double the national average.

The Belgian workforce is predominantly employed in the service sector, which includes key industries such as legal services, banking, mass media, and tourism. Additionally, approximately one-quarter of the population is engaged in manufacturing sectors, including textiles, machine building, automotive production, and chemicals.

As the host country for various major international institutions, including the European Union, NATO, and numerous multinational corporations, Belgium also offers a wealth of job opportunities for foreign professionals. The presence of these global entities continues to shape the labor market, fostering a dynamic and diverse employment landscape for both Belgian citizens and expatriates.

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