The FINANCIAL -- The number of persons employed increased by 0.3% in the euro area (EA19) and by 0.2% in the EU28 in the fourth quarter of 2017 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union.
In the third quarter of 2017, employment increased by 0.4% in the euro area and by 0.2% in the EU28. These figures are seasonally adjusted.
Compared with the same quarter of the previous year, employment increased by 1.6% in the euro area and by 1.5% in the EU28 in the fourth quarter of 2017 (after +1.7% and +1.6% respectively in the third quarter of 2017).
Eurostat estimates that, in the fourth quarter of 2017, 236.8 million men and women were employed in the EU28, of which 156.7 million were in the euro area. These are the highest levels ever recorded in both areas. These figures are seasonally adjusted.
Over the whole year 2017, employment rose by 1.6% in both areas, compared with +1.3% in the euro area and +1.2% in the EU28 in 2016.
These data on employment provide a picture of labour input consistent with the output and income measure of national accounts.
Employment growth in Member States
Among Member States for which data are available for the fourth quarter of 2017, Malta (+1.8%), Estonia (+1.6%), Finland (+1.2%), Luxembourg (+1.1%) and Latvia (+0.9%) recorded the highest increases compared with the previous quarter. In contrast, decreases were observed in Italy, Poland (both -0.3%), Greece and Lithuania (both -0.1%), while employment remained stable in the Czech Republic.