The number of employed persons in the Euro Area rose by 0.6 percent on quarter to 162.9 million in the first three months of 2022, accelerating from a 0.4 percent growth in the previous period and above market expectations of 0.5 percent. Employment rose the most in Estonia (3.5 percent), Latvia (2.1 percent), and Portugal (1.7 percent). On the other hand, employment declined in Poland (-0.6 percent) and Croatia (-0.1 percent). On a yearly basis, employment advanced 2.9 percent in the first quarter of 2022, following a 2.1 percent rise in Q4 and slightly faster than flash estimates of a 2.6 percent gain. source: EUROSTAT
Employment Change in the Euro Area averaged 0.20 percent from 1995 until 2022, reaching an all time high of 1 percent in the third quarter of 2020 and a record low of -2.90 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 August of 2022.
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. In the long-term, the Euro Area Employment Change is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.