The number of employed persons in the Euro Area declined by 0.2 percent on quarter to 160.4 million in the first three months of 2020, in line with preliminary estimates. It is the first fall in employment since the second quarter of 2013 due to lockdowns and business closures imposed by many countries to fight the coronavirus pandemic. Employment went down in France (-0.2 percent), Italy (-0.3 percent) and Spain (-1 percent) and was flat in Germany. The sharpest decline was seen in agriculture (-1.4 percent) while the information and communication sector had the strongest increase (0.7 percent). While the effect of the COVID-19 pandemic on employment was mitigated by government support schemes, the impact on hours worked is generally much more pronounced, with the number of hours worked falling by 3.1 percent. Year-on-year, employment rose 0.4 percent in the first quarter of the year.

Employment Change in the Euro Area averaged 0.21 percent from 1995 until 2020, reaching an all time high of 0.70 percent in the first quarter of 2000 and a record low of -0.80 percent in the first quarter of 2009. 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 July of 2020. source: Eurostat

Employment Change in Euro Area is expected to be -2.00 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 0.40 in 12 months time. In the long-term, the Euro Area Employment Change is projected to trend around 0.50 percent in 2021 and 0.20 percent in 2022, according to our econometric models.

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Euro Area Employment Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.30 0.70 -0.80 1995 - 2020 percent Quarterly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-15 09:00 AM Employment Change QoQ Prel Q1 -0.2% 0.3% -0.4% -0.6%
2020-05-15 09:00 AM Employment Change YoY Prel Q1 0.3% 1.1% 0.2% 0.1%
2020-06-09 09:00 AM Employment Change YoY Final Q1 0.4% 1.1% 0.3% 0.3%
2020-06-09 09:00 AM Employment Change QoQ Final Q1 -0.2% 0.3% -0.2% -0.2%
2020-08-14 09:00 AM Employment Change QoQ Prel Q2 -0.2% -2%
2020-09-08 09:00 AM Employment Change QoQ Final Q2 -2%
2020-11-13 10:00 AM Employment Change QoQ Prel Q3 0.5%
2020-12-08 10:00 AM Employment Change QoQ Final Q3 0.5%
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News Stream
Euro Area Employment Shrinks for 1st Time in 7 Years
The number of employed persons in the Euro Area declined by 0.2 percent on quarter to 160.4 million in the first three months of 2020, in line with preliminary estimates. It is the first fall in employment since the second quarter of 2013 due to lockdowns and business closures imposed by many countries to fight the coronavirus pandemic. Employment went down in France (-0.2 percent), Italy (-0.3 percent) and Spain (-1 percent) and was flat in Germany. The sharpest decline was seen in agriculture (-1.4 percent) while the information and communication sector had the strongest increase (0.7 percent). While the effect of the COVID-19 pandemic on employment was mitigated by government support schemes, the impact on hours worked is generally much more pronounced, with the number of hours worked falling by 3.1 percent. Year-on-year, employment rose 0.4 percent in the first quarter of the year.
2020-06-09
Euro Area Employment Drops For the First time since 2013
The number of employed persons in the Euro Area declined by 0.2 percent on quarter in the first three months of 2020, compared to market expectations of a 0.4 percent drop, preliminary estimates showed. It is the first decline in employment since the second quarter of 2013 due to lockdowns and business closures imposed by many countries to fight the coronavirus pandemic.
2020-05-15
Eurozone Job Growth Confirmed at 0.3% in Q4
The number of employed persons in the Euro Area rose 0.3 percent on quarter in the three months to December 2019, accelerating from an upwardly revised 0.2 percent gain in the prior period and matching a preliminary estimate and market expectations, final data showed. Employment went up in Spain (0.8 percent), Germany (0.2 percent), France (0.2 percent), Malta (1.6 percent) and Estonia (1.3 percent), but dropped in Italy (-0.1 percent). Year-on-year, employment increased 1.1 percent, above a preliminary reading of a 1 percent gain, and the same as in the previous quarter.
2020-03-10
Euro Area Q4 Employment Rises More than Expected
The number of employed persons in the Euro Area increased 0.3 percent on quarter in the three months to December 2019, accelerating from a 0.1 percent gain in the previous period and beating market expectations of 0.1 percent, preliminary estimates showed. Year-on-year, employment went up 1.0 percent, the same as in the prior quarter and above market forecasts of 0.8 percent.
2020-02-14

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.