Labour market slack by NUTS 2 region in Nord-Ovest

Nord-Ovest: Labour market slack by NUTS 2 region was 709.3 Thousand persons in 2025. ▼ Falling

Latest (2025)
709.3 Thousand persons
Change on year
down 5.3%
Rank
16th
of 435 regions
All-time high
1,377 Thousand persons
in 2014
All-time low
709.3 Thousand persons
in 2025
Years of data
18
2008–2025

Labour market slack by NUTS 2 region in Nord-Ovest, 2008–2025

05001.0k1.5k2008201620252008: 711.9 Thousand persons2009: 848 Thousand persons2010: 909.5 Thousand persons2011: 939.6 Thousand persons2012: 1.1k Thousand persons2013: 1.3k Thousand persons2014: 1.4k Thousand persons2015: 1.3k Thousand persons2016: 1.3k Thousand persons2017: 1.2k Thousand persons2018: 1.1k Thousand persons2019: 1.0k Thousand persons2020: 1.1k Thousand persons2021: 1.2k Thousand persons2022: 956.7 Thousand persons2023: 830.7 Thousand persons2024: 748.8 Thousand persons2025: 709.3 Thousand persons

Source: Eurostat. Measured in Thousand persons.

Analysis

The most recent figure for labour market slack by nuts 2 region in Nord-Ovest is 709.3 Thousand persons, measured in 2025. That is the lowest value across all 18 years on record.

Compared with earlier readings it is down 5.3% on the previous year and down 47.4% over ten years.

Over the whole period, labour market slack by nuts 2 region in Nord-Ovest peaked at 1,377 Thousand persons in 2014 and was at its lowest, 709.3 Thousand persons, in 2025.

That places Nord-Ovest 16th out of 435 regions with data for 2025, putting it in the top 10%.

The long-run direction has been consistently falling across the 18 years of available data.

Labour market slack by NUTS 2 region in Nord-Ovest, year by year

Annual values for Labour market slack by NUTS 2 region in Nord-Ovest, 2008 to 2025.
Year Thousand persons Change
2008 711.9 Thousand persons —
2009 848 Thousand persons +19.1%
2010 909.5 Thousand persons +7.3%
2011 939.6 Thousand persons +3.3%
2012 1,145 Thousand persons +21.8%
2013 1,272 Thousand persons +11.1%
2014 1,377 Thousand persons +8.2%
2015 1,349 Thousand persons -2.1%
2016 1,268 Thousand persons -5.9%
2017 1,196 Thousand persons -5.7%
2018 1,101 Thousand persons -7.9%
2019 1,035 Thousand persons -6.0%
2020 1,149 Thousand persons +11.0%
2021 1,187 Thousand persons +3.3%
2022 956.7 Thousand persons -19.4%
2023 830.7 Thousand persons -13.2%
2024 748.8 Thousand persons -9.9%
2025 709.3 Thousand persons -5.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 779.95 Thousand persons 711.9 Thousand persons 848 Thousand persons 2
2010s 1,159 Thousand persons 909.5 Thousand persons 1,377 Thousand persons 10
2020s 930.32 Thousand persons 709.3 Thousand persons 1,187 Thousand persons 6

Countries ranked near Nord-Ovest

  1. 13 Romania 780.2 Thousand persons compare
  2. 14 Belgium 711.9 Thousand persons compare
  3. 15 Switzerland 706 Thousand persons compare
  4. 16 Greece 631.8 Thousand persons compare
  5. 17 Finland 592.5 Thousand persons compare
  6. 18 Portugal 586.6 Thousand persons compare
  7. 19 Austria 544.5 Thousand persons compare

See the full ranking of 485 places →

More work & labour data for Nord-Ovest

All data for Nord-Ovest →

Frequently asked questions

What is labour market slack by nuts 2 region in Nord-Ovest?
Labour market slack by nuts 2 region in Nord-Ovest was 709.3 Thousand persons in 2025, according to Eurostat.
What is the highest labour market slack by nuts 2 region recorded in Nord-Ovest?
The highest recorded value was 1,377 Thousand persons in 2014.
What is the lowest labour market slack by nuts 2 region recorded in Nord-Ovest?
The lowest recorded value was 709.3 Thousand persons in 2025.
How does Nord-Ovest rank for labour market slack by nuts 2 region?
Nord-Ovest ranks 16th out of 435 regions with data for 2025.
Is labour market slack by nuts 2 region rising or falling in Nord-Ovest?
Over the last ten years it is down 47.4%. The long-run trend across the full record is falling.
Where does this Nord-Ovest data come from?
The figures come from Eurostat, published as part of Labour market slack by NUTS 2 region. Statizoid updates them automatically from the source API.

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Labour market slack by NUTS 2 region in Nord-Ovest. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/stat/labour-market-slack-by-nuts-2-region/nord-ovest/

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About this data

Indicator
Labour market slack by NUTS 2 region
Unit
Thousand persons
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
485 places, 7,988 data points, 2008–2025
Last refreshed