Employment Change (QoQ)

The Employment Change released by the Eurostat is a measure of the change in the number of employed people in the Euro-Zone. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Most recent - Wednesday 14 February 2024 10:00

Previous
0.2%
Revised
-
Forecast
0.2%
Actual
0.3%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Thursday 7 March 2024 10:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Employment Change (QoQ) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Employment Change (QoQ) was 0.3% against a forecast of 0.2%.

Past events

Date
Forecast
Actual
Wednesday 14 February 2024 10:00
0.2%
0.3%
Thursday 7 December 2023 10:00
0.3%
0.2%
Tuesday 14 November 2023 10:00
-
0.3%
Thursday 7 September 2023 09:00
0.2%
0.2%
Wednesday 16 August 2023 09:00
0.2%
0.2%
Thursday 8 June 2023 09:00
0.6%
0.6%
Tuesday 16 May 2023 09:00
0.3%
0.6%
Wednesday 8 March 2023 10:00
0.4%
0.3%
Tuesday 14 February 2023 10:00
0.3%
0.4%
Wednesday 7 December 2022 10:00
0.2%
0.3%
Tuesday 15 November 2022 10:00
0.3%
0.2%
Wednesday 7 September 2022 09:00
0.3%
0.4%
Wednesday 17 August 2022 09:00
0.4%
0.3%
Wednesday 8 June 2022 09:00
0.5%
0.6%
Tuesday 17 May 2022 09:00
0.5%
0.5%
Tuesday 8 March 2022 10:00
0.5%
0.5%
Tuesday 15 February 2022 10:00
0.4%
0.5%
Tuesday 7 December 2021 10:00
0.9%
0.9%
Tuesday 16 November 2021 10:00
0.8%
0.9%
Tuesday 7 September 2021 09:00
0.5%
0.7%
Tuesday 17 August 2021 09:00
0.5%
0.5%
Tuesday 8 June 2021 09:00
-0.3%
-0.3%
Tuesday 18 May 2021 09:00
-
-0.3%
Tuesday 9 March 2021 10:00
0.3%
0.3%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Employment Change (QoQ) result:

PreviousLatest
Harmonized Index of Consumer Prices (MoM)Bullish change-0.4%0.6%
Core Harmonized Index of Consumer Prices (YoY)Bearish change3.3%3.1%
Core Harmonized Index of Consumer Prices (MoM)Bullish change-0.9%0.7%
Harmonized Index of Consumer Prices (YoY)Bearish change2.8%2.6%
Consumer Price Index (YoY)(no change)0.8%0.8%
Consumer Price Index (EU Norm) (YoY)(no change)0.9%0.9%
Unemployment RateBullish change6.5%6.4%
HCOB Manufacturing PMIBullish change42.342.5
HCOB Manufacturing PMIBullish change48.548.7
HCOB Manufacturing PMIBullish change49.251.5
Consumer Price Index (MoM)Bullish change0.2%0.4%
Harmonized Index of Consumer Prices (YoY)Bearish change3.1%2.7%
Consumer Price Index (YoY)Bearish change2.9%2.5%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.2%0.6%
Unemployment ChangeBearish change-2K11K
Unemployment Rate s.a.Bearish change5.8%5.9%
Harmonized Index of Consumer Prices (YoY)Bearish change3.5%2.9%
Consumer Price Index (EU norm) (YoY)Bearish change3.4%3.1%
Retail Sales (MoM)Bullish change-1.6%-0.4%
Retail Sales (YoY)Bullish change-1.7%-1.4%
Economic Sentiment IndicatorBearish change96.195.4
Consumer Confidence(no change)-15.5-15.5
Business Climate(no change)-0.42-0.42
Gfk Consumer Confidence SurveyBullish change-29.6-29
IFO – Business ClimateBullish change85.285.5
IFO – Current Assessment(no change)86.986.9
IFO – ExpectationsBullish change83.584.1
Gross Domestic Product (YoY)(no change)-0.2%-0.2%
Gross Domestic Product (QoQ)(no change)-0.3%-0.3%
Gross Domestic Product w.d.a (YoY)(no change)-0.4%-0.4%
Core Harmonized Index of Consumer Prices (YoY)(no change)3.3%3.3%
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.9%-0.9%
Harmonized Index of Consumer Prices (MoM)(no change)-0.4%-0.4%
HCOB Services PMIBullish change48.450
HCOB Manufacturing PMIBearish change46.646.1
HCOB Composite PMIBullish change47.948.9
Consumer Price Index (EU Norm) (YoY)(no change)0.9%0.9%
Consumer Price Index (YoY)(no change)0.8%0.8%
HCOB Services PMIBullish change47.748.2
HCOB Manufacturing PMIBearish change45.542.3
HCOB Composite PMIBearish change4746.1
HCOB Manufacturing PMIBullish change43.146.8
HCOB Services PMIBullish change45.448
HCOB Composite PMIBullish change44.647.7
Consumer ConfidenceBullish change-16.1-15.5

About Employment Change (QoQ)

Country:Eurozone
Currency:EUR
Source:Eurostat
Category:Labor Market
Frequency:Quarterly

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