The number of employed persons in the Euro Area increased 0.3 percent on quarter in the last three months of 2020, easing from a 1 percent growth in the previous period and in line with preliminary estimates, final data showed. Employment rose in Spain (1.2 percent), France (0.2 percent) and Italy (0.3 percent) but stalled in Germany. Year-on-year, employment fell 1.9 percent, following a revised 2.1 percent drop in the prior quarter and compared to earlier estimates of a 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 May of 2021.
Employment Change in Euro Area is expected to be 0.60 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 0.60 in 12 months time. 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.