The number of employed persons in the Euro Area decreased 0.3 percent on quarter in the first three months of 2021, compared to a 0.4 percent growth in the previous period and in line with preliminary estimates. It is the first decrease in employment since the second quarter of 2020 as lockdowns and business closures were reimposed by many countries to fight the coronavirus pandemic. Among the bloc's largest economies, employment fell in Germany (-0.1 percent), France (-0.2 percent), the Netherlands (-0.7 percent) and Italy (-0.9 percent), but it rose in Spain (1 percent). Year-on-year, employment fell 1.8 percent, the same pace as in the previous period and compared to earlier estimates of a 2.1 percent decline. source: EUROSTAT

Employment Change in the Euro Area averaged 0.18 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 June of 2021.

Employment Change in Euro Area is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Euro Area to stand at 0.60 in 12 months time. 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.

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Euro Area Employment Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.40 1.00 -3.00 1995 - 2021 percent Quarterly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-18 09:00 AM Employment Change QoQ Prel Q1 -0.3% 0.4% 0.5%
2021-05-18 09:00 AM Employment Change YoY Prel Q1 -2.1% -1.9% -1.4%
2021-06-08 09:00 AM Employment Change YoY Final Q1 -1.8% -1.9% -2.1% -2.1%
2021-06-08 09:00 AM Employment Change QoQ Final Q1 -0.3% 0.4% -0.3% -0.3%
2021-08-17 09:00 AM Employment Change QoQ Prel Q2 -0.3%
2021-08-17 09:00 AM Employment Change YoY Prel Q2 -1.8%
2021-09-07 09:00 AM Employment Change YoY Final Q2
2021-09-07 09:00 AM Employment Change QoQ Final Q2


News Stream
Eurozone Employment Drops 0.3% QoQ in Q1
The number of employed persons in the Euro Area decreased 0.3 percent on quarter in the first three months of 2021, compared to a 0.4 percent growth in the previous period and in line with preliminary estimates. It is the first decrease in employment since the second quarter of 2020 as lockdowns and business closures were reimposed by many countries to fight the coronavirus pandemic. Among the bloc's largest economies, employment fell in Germany (-0.1 percent), France (-0.2 percent), the Netherlands (-0.7 percent) and Italy (-0.9 percent), but it rose in Spain (1 percent). Year-on-year, employment fell 1.8 percent, the same pace as in the previous period and compared to earlier estimates of a 2.1 percent decline.
2021-06-08
Euro Area Employment Shrinks in Q1
The number of employed persons in the Euro Area decreased 0.3 percent on quarter in the first three months of 2021, down from an upwardly revised 0.4 percent growth in the previous period, a preliminary estimate showed. Year-on-year, employment fell 2.1 percent, following a 1.9 percent drop in Q4.
2021-05-18
Eurozone Job Growth Confirmed at 0.3% QoQ in Q4
The number of employed persons in the Euro Area increased 0.3 percent on quarter in the last three months of 2020, easing from a 1 percent growth in the previous period and in line with preliminary estimates, final data showed. Employment rose in Spain (1.2 percent), France (0.2 percent) and Italy (0.3 percent) but stalled in Germany. Year-on-year, employment fell 1.9 percent, following a revised 2.1 percent drop in the prior quarter and compared to earlier estimates of a 2 percent decline.
2021-03-09
Eurozone Employment Rises More than Expected
The number of employed persons in the Euro Area went up 0.3 percent on quarter in the three months to December 2020, easing from a 1 percent rise in the previous period but above market expectations of a 0.1 percent increase, preliminary estimates showed. Year-on-year, employment fell 2.0 percent, following a 2.3 percent drop in the prior quarter and compared to market forecasts of a 2.2 percent decline.
2021-02-16

Euro Area Employment Change
In Euro Area, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.