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 July 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.

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Euro Area Employment Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-08 09:00 AM Employment Change YoY Final Q1 2.9% 2.1% 2.6% 2.6%
2022-06-08 09:00 AM Employment Change QoQ Final Q1 0.6% 0.4% 0.5% 0.5%
2022-08-17 09:00 AM Employment Change QoQ Prel Q2


Related Last Previous Unit Reference
Unemployment Rate 6.60 6.70 percent May 2022
Unemployed Persons 11004.00 11085.00 Thousand May 2022
Long Term Unemployment Rate 3.00 3.20 percent Dec 2021
Youth Unemployment Rate 13.10 13.80 percent May 2022
Labour Costs 107.90 118.70 points Mar 2022
Productivity 103.98 104.60 points Mar 2022
Wages 1963.00 1900.00 EUR/Month Sep 2021
Wage Growth 2.70 1.50 percent Mar 2022
Population 342.41 341.52 Million Dec 2020
Employment Change 0.60 0.40 percent Mar 2022
Part Time Employment 31353.60 30850.70 Thousand Dec 2021
Full Time Employment 117967.10 118180.50 Thousand Dec 2021
Labor Force Participation Rate 74.50 73.60 percent Sep 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.40 1.00 -2.90 1995 - 2022 percent Quarterly
SA, WDA

News Stream
Euro Area Employment Growth Quickens
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.
2022-06-08
Eurozone Job Growth Accelerates in Q1
The number of employed persons in the Euro Area rose by 0.5 percent on quarter in the first three months of 2022, up from a downwardly revised 0.4 percent growth in the previous period and in line with market expectations, preliminary estimates showed. Year-on-year, employment rose 2.6 percent, following a 2.1 percent advance in Q4 and compared to forecasts of 2.7 percent.
2022-05-17
Euro Area Employment Growth Eases as Expected
The number of employed persons in the Euro Area rose by 0.5 percent on quarter in the last three months of 2021, easing from an upwardly revised 1 percent advance in the previous period and in line with preliminary estimates. Among major economic, employment rose the most in Spain (1 percent), France (0.6 percent), Germany (0.3 percent) and Italy (0.3 percent). Year-on-year, employment advanced 2.2 percent in the fourth quarter, following a 2.2 percent rise in Q3 and above early estimates of 2.1 percent.
2022-03-08