Euro Area Employed Persons  Forecast


Employed Persons in Euro Area is expected to be 156.30 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Euro Area to stand at 158.00 in 12 months time. In the long-term, the Euro Area Employed Persons is projected to trend around 164.00 Million in 2020, according to our econometric models.


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Euro Area Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 9.1 8.8 8.7 8.6 8.5 7.4
Unemployed Persons 14642 14600 14500 14500 14300 14000
Employed Persons 156 156 157 158 158 164
Long Term Unemployment Rate 4.7 4.7 4.6 4.6 4.5 4.4
Youth Unemployment Rate 18.9 18.4 18.1 17.9 17.6 15.1
Productivity 104 107 108 109 110 118
Labour Costs 111 114 99.3 111 104 120
Wages 1681 1860 1880 1900 1920 2250
Wage Growth 2 2.3 2.2 2.3 2.4 2.8
Population 341 341 343 343 343 346
Employment Change 0.4 0.5 0.5 0.4 0.4 0.6
Part Time Employment 31213 31400 31400 31500 31600 34200
Labor Force Participation Rate 56.8 57.6 57.8 57.9 58 60
Full Time Employment 111779 113800 114200 114400 114600 119000
Retirement Age Men 64.54 64.54 64.7 64.7 64.7 65
Retirement Age Women 64.32 64.32 64.5 64.5 64.5 65