Job Report in Europe (Q3,2020) – Increased by 0.9% in both the euro area and in the EU

Employment growth in the euro area and EU

The number of employed persons increased by 0.9% in both the euro area and in the EU in the third quarter of 2020, compared with the previous quarter. These were the strongest increases observed since time series started in 1995. In the second quarter of 2020, employment had decreased by 2.9% in the euro area and by 2.7% in the EU.

Compared with the same quarter of the previous year, employment decreased by 2.0% in the euro area and by 1.8% in the EU in the third quarter of 2020, after -3.1% and -2.9% in the second quarter of 2020.

Chosen excerpts by Job Market Monitor. Read the whole story @ GDP and employment flash estimates for the third quarter of 2020: GDP up by 12.6% and employment up by 0.9% in the euro area