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EU employment up by 0.5%

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BM.GE
09.06.22 14:30
572
The number of employed persons increased by 0.6% in the euro area and by 0.5% in the EU in the first quarter of 2022, compared with the previous quarter. In the fourth quarter of 2021, employment had increased by 0.4% in both the euro area and the EU.

Compared with the same quarter of the previous year, employment increased by 2.9% in the euro area and by 2.8% in the EU in the first quarter of 2022, after +2.1% in both zones in the fourth quarter of 2021, EuroStat reports.

Hours worked increased by 1.3% in the euro area by 1.1% in the EU in the first quarter of 2022, compared with the previous quarter. Compared with the same quarter of the previous year the increases were 6.9% in the euro area and 6.1% in the EU (see annex table on employment in hours worked).

Employment growth in Member States

In the first quarter of 2022, Estonia (+3.5%), Latvia (+2.1%) and Portugal (+1.7%) recorded the highest growth of employment in persons compared with the previous quarter. Employment declined in Poland (-0.6%) and Croatia (-0.1%).

Employment levels in the euro area and EU

Based on seasonally adjusted figures, Eurostat estimates that in the first quarter of 2022, 212 million people were employed in the EU, of which 162.9 million were in the euro area.

In relation to the COVID-19 pandemic, employment in persons in the euro area was 1.6 million above the level of the fourth quarter of 2019, and 2.2 million above this level in the EU.