The number of employed persons in the Euro Area rose by 0.9 percent on quarter to 161.0 million in the three months to September 2021, accelerating from an upwardly revised 0.8 percent growth in the previous period, in line with preliminary estimates. It was the highest level of employment since the first quarter of 2020, when the Covid-19 pandemic hit the bloc’s labor market although the employed population was still 0.3 million people short of that in 4Q 2019. Employment rose the most in Ireland (4.0 percent), Spain (2.6 percent), Lithuania (2.1 percent), Estonia (1.9 percent), and Greece (1.9 percent). Conversely, employment fell in Latvia (-2.0 percent) and was stable in Finland. Year-on-year, employment advanced 2.1 percent in the third quarter, following an upwardly revised 2.0 percent rise in Q2 and slightly faster than flash estimates of a 2.0 percent gain. source: EUROSTAT
Employment Change in the Euro Area averaged 0.19 percent from 1995 until 2021, reaching an all time high of 1 percent in the third quarter of 2020 and a record low of -3 percent in the second quarter of 2020. This page provides the latest reported value for - Euro Area Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Employment Change in Euro Area is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Employment Change is projected to trend around 0.50 percent in 2022 and 0.20 percent in 2023, according to our econometric models.