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. 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 October of 2021.

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


Calendar GMT Actual Previous Consensus TEForecast
2021-09-07 09:00 AM Employment Change QoQ Final Q2 0.7% -0.2% 0.5% 0.5%
2021-09-07 09:00 AM Employment Change YoY Final Q2 1.8% -1.8% 1.8% 1.8%
2021-11-16 10:00 AM Employment Change QoQ Prel Q3 0.7%


News Stream
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
Euro Area Employment Rebounds as Expected
The number of employed persons in the Euro Area inched up 0.5 percent on quarter in the three months to June of 2021, rebounding from a 0.2 percent decline in the previous period and came in line with market expectations, according to preliminary figures. Year-on-year, employment rose 1.8 percent, rebounding from a 1.8 percent drop in the first quarter of 2021.
2021-08-17
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 Last Unit Reference Previous Highest Lowest
Unemployment Rate 7.50 percent Aug/21 7.60 12.10 7.10
Unemployed Persons 12162.00 Thousand Aug/21 12423.00 19433.00 11468.00
Long Term Unemployment Rate 3.20 percent Mar/21 3.20 6.30 2.50
Youth Unemployment Rate 16.50 percent Jul/21 17.20 25.20 14.80
Labour Costs 115.80 points Jun/21 104.60 116.60 83.40
Productivity 104.40 points Jun/21 104.80 105.10 81.70
Wages 1903.00 EUR/Month Mar/21 1896.00 1903.00 1177.00
Wage Growth -0.40 percent Jun/21 2.10 5.10 -0.40
Population 342.41 Million Dec/20 341.52 342.41 260.38
Labor Force Participation Rate 73.60 percent Jun/21 72.60 73.80 68.80
Part Time Employment 30912.90 Thousand Jun/21 30508.20 31911.20 19769.20
Full Time Employment 116145.40 Thousand Jun/21 113811.30 118849.00 107485.60
Employment Change 0.70 percent Jun/21 -0.10 1.00 -3.00


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.