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Europe — Employment down by 0.5%

15 December 2009

According to national accounts estimates published by the Statistical Office of the European Communities (Eurostat), the number of persons employed in those European countries which have the Euro as their common currency (EA16) fell by 0.5% (712 000 persons) in the third quarter of 2009 compared with the previous quarter.

In the same period, the number of persons employed in all countries of the European Union (EU27) also decreased by 0.5% (1,019,000 persons). In the second quarter of 2009, employment had declined by 0.5% in the euro area and by 0.6% in the EU27. These figures are seasonally adjusted.


Most sectors of the economy recorded a decrease in employment, except other services, which mainly include public administration, health and education, where growth was registered at 0.3% in the euro area and 0.2% in the EU27.

Decreases were recorded in construction (-2.0% and -1.9% respectively), manufacturing (-1.7% and -1.6%), agriculture (-1.1% and -0.4%), financial services & business activities (-0.5% and -0.4%) and trade, transport & communication services (-0.1% and -0.2%).

Compared with the same quarter of the previous year, seasonally adjusted, employment fell by -2.1% in the euro area and by -2.0% in the EU27 in the third quarter of 2009. In the second quarter of 2009, employment decreased by -1.8% and -1.7% respectively.

Eurostat estimates that, in the third quarter of 2009, 221.6 million men and women were employed in the EU27, of which 144.8 million were in the euro area.
 
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