75.8 Million reasons for immigrants to choose work in the EU

Highlights: The Micro and Small Businesses in the EU

• There are 31 Million enterprises in the EU that employed 156 Million individuals.
• 98% of the enterprises comprised micro and small enterprises, each employing up to 49 people.
• The micro and small businesses in the EU collectively generated jobs for 75.8 Million Immigrants.
• The Eurostat has published Structural Business Statistics (SBS) along with the EBS Framework.

 

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Details of the Eurostat Reports

Eurostat published a detailed report on the Structural Business Statistics (SBS) framework along with the European Business Statistics (EBS) framework. Micro and small enterprises in the EU generated nearly 75.8 million jobs for immigrants, while large and medium-sized enterprises followed.

The table given below has complete data on the enterprises and the value added by them.

Size of the enterprise	Number of people employed	Value added
Micro & small Enterprises	75.8 Million	€3.3 trillion
Medium enterprises	24.0 Million	€1.6 trillion
Large Enterprises	55.6 Million	€4.4 trillion

 

The Highest Contributing  Sectors in the EU

According to Eurostat data, the "industry" sector is one of the largest in the EU and has the highest turnover. The sector produced one-third of the turnover €10.6 Million) and employed around 33 million people.

Below are the stats for the highest employment-generating sectors in the EU.

Sector	Number of people employed
Industry	33 Million
Trade	29.5 Million
Construction	13.4 Million
Other services	80.2 Million

 

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Web story: 75.8 Million reasons for immigrants to choose work in the EU