Euro Area Employment Rises 0.1% to 176.308 Million for 20th Straight Quarter
Updated
Updated · TradingView · Jun 5
Euro Area Employment Rises 0.1% to 176.308 Million for 20th Straight Quarter
3 articles · Updated · TradingView · Jun 5
Summary
176.308 million people were employed in the euro area in Q1 2026, up 0.1% from the prior quarter and matching both market expectations and the flash estimate.
That gain slowed from 0.2% in Q4, but it extended the bloc's run of job growth even as euro-area GDP contracted 0.2% amid high energy prices and weak productivity.
Italy and Spain still added jobs—up 0.4% and 0.3% respectively—while France remained flat and Germany shed 0.1%, its third straight quarterly decline.
Year on year, employment rose 0.5%, the weakest increase since 2021, pointing to a labor market that is still expanding but losing momentum.