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.

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Euro Area Employment Change


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.70 1.00 -3.00 1995 - 2021 percent Quarterly
SA, WDA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-07 10:00 AM Employment Change YoY Final Q3 2.1% 1.9% 2% 2%
2021-12-07 10:00 AM Employment Change QoQ Final Q3 0.9% 0.8% 0.9% 0.9%
2022-02-15 10:00 AM Employment Change QoQ Prel Q4 0.9%


Related Last Previous Unit Reference
Unemployment Rate 7.20 7.30 percent Nov/21
Unemployed Persons 11829.00 12045.00 Thousand Nov/21
Long Term Unemployment Rate 3.30 3.20 percent Jun/21
Youth Unemployment Rate 15.50 15.80 percent Nov/21
Productivity 104.30 104.40 points Sep/21
Labour Costs 107.60 115.80 points Sep/21
Wages 1903.00 1896.00 EUR/Month Mar/21
Wage Growth 2.30 -0.50 percent Sep/21
Population 342.41 341.52 Million Dec/20
Employment Change 0.90 0.70 percent Sep/21
Full Time Employment 118433.90 116145.40 Thousand Sep/21
Part Time Employment 31016.90 30912.90 Thousand Sep/21
Labor Force Participation Rate 73.60 72.60 percent Jun/21


News Stream
Euro Area Employment Growth Quickens as Expected
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.
2021-12-07
Eurozone Employment Rises More than Expected
The number of employed persons in the Euro Area rose by 0.9 percent on quarter to 160.8 million in the three months to September 2021, accelerating from a 0.7 percent growth in the previous period and above market expectations of 0.8 percent, preliminary estimates showed. 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 there are still about half a million fewer jobs compared to the pre-pandemic period. Employment rose in France (3 percent), Italy (2.6 percent), Spain (2 percent), Germany (1.8 percent), and Italy (0.3 percent). Year-on-year, employment advanced 2 percent, following a 1.9 percent gain in Q2 and compared to expectations of a 1.6 percent increase.
2021-11-16
Euro Area Employment Recovers in Q2
The number of employed persons in the Euro Area rose by 0.7 percent on quarter in the three months to June of 2021, compared to a 0.2 percent drop in the previous period and slightly above a preliminary estimate of a 0.5 percent increase. Among the bloc's largest economies, employment went up in Germany (0.2 percent), France (0.5 percent), the Netherlands (1.2 percent) and Italy (1.7 percent), but it fell in Spain (-0.9 percent). Year-on-year, employment rose 1.8 percent, after decreasing 1.8 percent in the previous period and matching an earlier estimate.
2021-09-07