Employment in the euro area decreased for the third consecutive quarter in the first quarter, amid the deepening economic slowdown in the region, data released by statistical office Eurostat showed Friday.
The number of persons in employment in the single-currency bloc decreased a seasonally adjusted 0.2 percent sequentially in the first quarter, after falling 0.3 percent in the fourth quarter, which was revised up from 0.2 percent. Employment decreased for the third consecutive quarter.
In the EU27, employment remained unchanged quarter-over-quarter, after edging down 0.1 percent in the previous quarter.
The number of employees in the UK private sector, meanwhile, rose 0.4 percent sequentially, while employment in Germany increased 0.5 percent during the quarter. Employment in France was unchanged from the fourth quarter, while in Italy it dropped 0.6 percent, data showed.
On an annual basis, the number of employees in the whole of Eurozone decreased 0.5 percent during the three-month period, faster than the 0.2 percent decline seen in the fourth quarter.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.