News>Euro area employment up

Euro area and EU25 employment up by 0.3%
March 13, 2007 - The seasonally adjusted number of persons employed in the euro area (EA12) rose by 0.3% (423 000 persons) during the fourth quarter of 2006, according to provisional national accounts estimates published by Eurostat, the Statistical Office of the European Communities. During the same period, the number of persons employed in the EU251 also grew by 0.3% (593 000 persons). In the third quarter of 2006, growth rates were also +0.3% in both zones.

Compared to the same quarter of the previous year, employment grew by 1.6% in both the euro area and the EU25 in the fourth quarter of 2006, after +1.5% in both zones in the third quarter of 2006.

Over the whole year 2006, employment grew by 1.4% (1 948 000 persons) in the euro area and by 1.5% (2 988 000 persons) in the EU25, compared to +0.8% and +0.9% respectively in 2005.

Eurostat estimates that, in the fourth quarter of 2006, 206.7 million men and women were employed in the EU25, of which 140.0 million were in the euro area. These figures are seasonally adjusted.

Up to 31 December 2006 the European Union (EU25) included: Belgium (BE), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK). From 1 January 2007 the European Union (EU27) also includes Bulgaria (BG) and Romania (RO).

The euro area (EA12) consisted of 12 Member States up to 31 December 2006: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland. From 1 January 2007 the euro area (EA13) also includes Slovenia.

Source: "Euro area and EU25 employment up by 0.3%", Europa, March 13, 2007