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. source: EUROSTAT

Employment Change in the Euro Area averaged 0.18 percent from 1995 until 2020, 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 February of 2021.

Employment Change in Euro Area is expected to be 0.40 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 0.70 in 12 months time. In the long-term, the Euro Area Employment Change is projected to trend around 0.70 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 1.00 1.00 -3.00 1995 - 2020 percent Quarterly
SA, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-08 10:00 AM Employment Change YoY Final Q3 -2.3% -3.1% -2% -2%
2020-12-08 10:00 AM Employment Change QoQ Final Q3 1% -3% 0.9% 0.9%
2021-02-16 10:00 AM Employment Change YoY Prel Q4 -2% -2.3% -2.2% -1.8%
2021-02-16 10:00 AM Employment Change QoQ Prel Q4 0.3% 1% 0.1% -0.1%
2021-03-09 10:00 AM Employment Change YoY Final Q4 -2.3% -2%
2021-03-09 10:00 AM Employment Change QoQ Final Q4 1% 0.3%
2021-05-18 09:00 AM Employment Change YoY Prel Q1
2021-05-18 09:00 AM Employment Change QoQ Prel Q1


News Stream
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 Rises More than Initially Thought
The number of employed persons in the Euro Area rose 1 percent on quarter in the three months to September of 2020, compared to preliminary estimates of a 0.9 percent increase and following an upwardly revised 3 percent fall in the previous period. It is the biggest increase since the series begun in 1995. Year over year, the employment fell 2.3 percent.
2020-12-08
Euro Area Employment Rises the Most on Record
The number of employed persons in the Euro Area increased by 0.9 percent on quarter in the three months to September of 2020, recovering from an unprecedented 2.9 percent drop in the previous period, preliminary estimates showed. It is the biggest increase since the series begun in 1995. Year over year, the employment declined by 2 percent, following a 3.1 percent fall in Q2.
2020-11-13
Euro Area Employment Shrinks More than Initially Thought
The number of employed persons in the Euro Area declined by 2.9 percent on quarter in the three months to June of 2020, compared to preliminary estimates of a 2.8 percent drop and following a 0.3 percent fall in the previous period. It is the biggest decline since the series begun in 1995 due to lockdowns and business closures imposed by many countries to fight the coronavirus pandemic. Year-on-year, the employment declined by 3.1 percent, also the most on record.
2020-09-08

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.