December 12, 2023
According to the statistical office of the European Union (Eurostat), there was a 0.2% rise in the number of employed individuals in the EU and the euro area in the third quarter of 2023 (Q3 2023) relative to Q2 2023, which saw employment grow by 0.1% in both zones. Based on seasonally adjusted data, the EU had an estimated number of 216.6 million individuals in employment, with 168.7 million in the euro area, in Q3 2023.
In comparison to Q3 2022, employment climbed by 1.3% in the euro area and 1.2% in the EU in Q3 2023. This was after increases of 1.4% in the euro area and 1.2% in the EU in Q2 2023.
In Q3 2023, hours worked fell by 0.1% in the euro area and remained unchanged in the EU when compared to the previous quarter. Relative to Q3 2022, the hours worked grew by 0.8% in the euro area and 0.6% in the EU.
Employment growth in Member States
Among the Member States, Eurostat noted that the largest increases in employment relative to the previous quarter were observed in Lituania, Malta (both +1.4%) and Spain (+1.3%) while the largest declines were observed in Estonia (-0.9%), Czechia (-0.7%) and Finland (-0.6%).
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