Invest Europe: PE- and VC-backed firms grow jobs 4%, 4x faster than Europe in 2024

· Source: Tech.eu - Tech.eu · Field: Finance & Economics — Capital Markets & Investment Management, Economic Analysis & Policy · Depth: Fundamental Awareness, quick

Summary

Invest Europe's seventh "Private Equity at Work" report, published in April 2026, reveals that private equity (PE) and venture capital (VC)-backed companies created 295,312 net new jobs in Europe during 2024, bringing total employment to 11.4 million. This 4% job growth marks the seventh consecutive year of expansion and significantly outpaces overall European employment trends. Regional job creation varied, with Central and Eastern Europe seeing 5.6% growth and the Nordics 2.3%, while specific countries like Belgium (11.9%), Bulgaria (11.6%), and Poland (11.1%) reported even higher increases. These companies now employ approximately 5% of Europe's total workforce. ICT, Energy & Environment, and Financial & Insurance Activities sectors all exceeded the 4% average job growth, with venture-stage companies leading at an 8.7% increase.

Key takeaway

For investors evaluating European market opportunities, these findings underscore the robust job creation capabilities of PE and VC-backed firms. Your investment strategies should consider sectors like ICT and Energy & Environment, and prioritize venture-stage companies, which demonstrate superior employment growth. This sustained performance challenges common assumptions about private capital's impact on employment, suggesting a positive long-term effect on workforce development and economic vitality.

Key insights

PE and VC-backed companies consistently drive significant job creation across Europe, outperforming general employment trends.

Principles

In practice

Topics

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Editorial summary, takeaway, and curation by AIssential. Original article published by Tech.eu - Tech.eu.