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 - Thursday 14 November 2024 10:00

Previous
0.2%
Revised
-
Forecast
0.2%
Actual
0.2%

Next event - Friday 6 December 2024 10:00

Previous
0.2%
Forecast
0.2%
Actual
-

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Employment Change (QoQ) is 0.2%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

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

Past events

Date
Forecast
Actual
Thursday 14 November 2024 10:00
0.2%
0.2%
Friday 6 September 2024 09:00
0.2%
0.2%
Wednesday 14 August 2024 09:00
0.2%
0.2%
Friday 7 June 2024 09:00
0.3%
0.3%
Wednesday 15 May 2024 09:00
0.3%
0.3%
Friday 8 March 2024 10:00
0.3%
0.3%
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%

Economic context

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

PreviousLatest
Unemployment Rate(no change)6.3%6.3%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)(no change)0.4%0.4%
HCOB Manufacturing PMIBearish change43.243
HCOB Manufacturing PMIBearish change46.944.5
HCOB Manufacturing PMIBearish change54.553.1
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bullish change2.7%2.8%
Harmonized Index of Consumer Prices (MoM)Bearish change0.3%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.3%
Consumer Price Index (EU Norm) (YoY)Bullish change1%1.6%
Consumer Price Index (YoY)Bullish change0.9%1.4%
Unemployment ChangeBullish change27K7K
Unemployment Rate s.a.(no change)6.1%6.1%
Consumer Price Index (EU norm) (YoY)Bullish change1.6%1.7%
Retail Sales (MoM)Bearish change1.6%-1.5%
Retail Sales (YoY)Bearish change1.4%1%
Consumer Price Index (MoM)Bearish change0.4%-0.2%
Consumer Price Index (YoY)Bullish change2%2.2%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.7%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4

About Employment Change (QoQ)

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