The number of employed persons in the Euro Area increased 0.2 percent on quarter in the three months to June of 2019, easing from a 0.4 percent growth in the previous period and in line with preliminary estimates, final data showed. Employment rose in Spain (0.5 percent), France (0.3 percent) and Latvia (0.7 percent), but dropped in Germany (-0.1 percent). Year-on-year, employment rose 1.2 percent, the same as in the prior quarter and above earlier estimates of a 1.1 percent gain. Employment Change in the Euro Area averaged 0.21 percent from 1995 until 2019, reaching an all time high of 0.70 percent in the first quarter of 2000 and a record low of -0.70 percent in the first quarter of 2009.
Employment Change in Euro Area is expected to be 0.30 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 0.30 in 12 months time. In the long-term, the Euro Area Employment Change is projected to trend around 0.20 percent in 2020, according to our econometric models.