September 6, 2024
GDP growth in the euro area and the EU
According to Eurostat, seasonally adjusted GDP increased by 0.2% in both the Euro Area and the EU in the second quarter of 2024, compared to the previous quarter. In the first quarter of 2024, GDP increased by 0.3% in both zones.
In the second quarter of 2024, seasonally adjusted GDP increased by 0.6% in the Euro Area and 0.8% in the EU, compared to the same quarter the previous year, following a +0.5% in the Euro Area and +0.7% in the EU.
Employment growth in the euro area and EU
In the second quarter of 2024, employment increased by 0.2% in the Euro Area and 0.1% in the EU compared to the previous quarter. In the first quarter of 2024, employment increased by 0.3% in both zones.
Employment increased by 0.8% in both the Euro Area and the EU in the second quarter of 2024, up from +1.0% in the Euro Area and +0.9% in the EU in the first quarter.
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