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EU Hits Highest Employment Level Ever Recorded - ASHARQ AL-AWSAT English Archive
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Brussels-In the third quarter of 2016, 232.5 million men and women were employed in the EU28, which is the highest level recorded ever, according to national accounts estimates published by Eurostat, the statistical office of the European Union.

The statistics showed that 153.4 million were in the euro area, scoring the highest level since the fourth quarter of 2008.

In the second quarter of 2016, employment rose by 0.4% in the euro area and by 0.3% in the EU28.

The number of persons employed increased by 0.2% in both the euro area (EA19) and the EU28 in the third quarter of 2016 compared with the previous quarter.

The report showed that compared with the same quarter of the previous year, employment increased by 1.2% in the euro area and by 1.1% in the EU28 in the third quarter of 2016 (after +1.3% and +1.4% respectively in the second quarter of 2016).

Among Member States for which data are available, Portugal (+1.3%), Spain (+0.8%), Luxembourg (+0.7%) as well as Ireland, Cyprus and Slovakia (all +0.6%) recorded the highest increases in the third quarter of 2016 compared with the previous quarter.

In contrast, the highest decreases in employment were observed in Latvia (-1.5%), Estonia (-1.0%) and Bulgaria (-0.7%).

Asharq Al-Awsat English

Asharq Al-Awsat English

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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