Employment stable in euro area and EU28: -0.8% and -0.3% respectively compared with the third quarter of 2012
The number of persons employed1 remained stable in both the euro area2(EA17) and the EU282 in the third quarter of 2013 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the second quarter of 2013, employment was also stable in both zones. These figures are seasonally adjusted.
Compared with the same quarter of the previous year, employment fell by 0.8% in the euro area and by 0.3% in the EU28 in the third quarter of 2013 (after -1.1% and -0.6% respectively in the second quarter of 2013).
Eurostat estimates that, in the third quarter of 2013, 223.2 million men and women were employed in the EU28, of which 145.0 million were in the euro area. These figures are seasonally adjusted.
These quarterly data on employment provide a picture of labour input consistent with the output and income measure of national accounts.
Employment growth by Member States
Among those Member States for which data are available, Portugal (+1.2%), Ireland (+1.1%), the United Kingdom (+0.6%) and Luxembourg (+0.5%)recorded the highest increases in Q3 2013 compared with the previous quarter, while Estonia and Lithuania (both -1.5%), Cyprus (-1.4%), Finland (-1.2%) and Greece (-0.7%)registered the largest decreases.
- Employment covers employees and self-employed working in resident production units (i.e. the domestic employment concept). Unless otherwise stated, all employment estimates in this release use persons as the measurement unit. ESA95 acknowledges other possible measures for employment: jobs, full-time equivalents and total hours worked. More information on employment in national accounts is available on Eurostat's website: http://epp.eurostat.ec.europa.eu/portal/page/portal/national_accounts/methodology/employment.
- The euro area (EA17) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The European Union (EU28) includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Croatia (HR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).
Link to Full Release Here: http://europa.eu/rapid/press-release_STAT-13-192_en.htm