Labour market slack by NUTS 2 region in Nord-Ovest

Nord-Ovest: Labour market slack by NUTS 2 region was 709.3 in 2025. β–Ό Falling

Latest (2025)
709.3
Change on year
down 5.3%
Rank
17th
of 433 regions
All-time high
1,377
in 2014
All-time low
709.3
in 2025
Years of data
18
2008–2025

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

05001.0k1.5k2008201620252008: 711.92009: 8482010: 909.52011: 939.62012: 1.1k2013: 1.3k2014: 1.4k2015: 1.3k2016: 1.3k2017: 1.2k2018: 1.1k2019: 1.0k2020: 1.1k2021: 1.2k2022: 956.72023: 830.72024: 748.82025: 709.3

Source: Eurostat.

Analysis

The most recent figure for labour market slack by nuts 2 region in Nord-Ovest is 709.3, 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 in 2014 and was at its lowest, 709.3, in 2025.

That places Nord-Ovest 17th out of 433 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.

Averages by decade

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

Countries ranked near Nord-Ovest

  1. 14 Portugal 586.6 compare
  2. 15 Austria 544.5 compare
  3. 16 Denmark 443.3 compare
  4. 17 Serbia 438.8 compare
  5. 18 Ireland 393.5 compare
  6. 19 Norway 357.9 compare
  7. 20 Czechia 346.3 compare

See the full ranking of 470 places β†’

More work & labour data for Nord-Ovest

All data for Nord-Ovest β†’

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 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 in 2014.
What is the lowest labour market slack by nuts 2 region recorded in Nord-Ovest?
The lowest recorded value was 709.3 in 2025.
How does Nord-Ovest rank for labour market slack by nuts 2 region?
Nord-Ovest ranks 17th out of 433 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 20 August 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
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
470 places, 7,726 data points, 2008–2025
Last refreshed