Euro area employment growth remains steady during the fourth quarter of 2021
By Alexander Bueso
Date: Tuesday 15 Feb 2022
(Sharecast News) - Employment growth in the single currency area slowed at the end of last year but nevertheless continued to grow at a steady clip in annual terms.
According to Eurostat, in seasonally adjusted terms employment grew at a quarter-on-quarter pace of 0.5% over the three months to December, down from the 1.0% clip observed over the preceding three months.
In year-on-year terms, employment continued to grow at a 2.1% pace, the same as during the third quarter, following growth of 2.0% in the second quarter and a 1.7% drop during the first three months of 2021.
Employment growth in Italy was strongest year-on-year, rising by 6.4% during the last quarter of 2021, followed by growth of 5.4% in France and of 5.2% in Spain, whilst in Germany it grew by 1.4%.
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN