Eurozone employment grows by 0.1% quarter-on-quarter in Q2, marking 21 consecutive quarters of increase

⑴ In the second quarter, employment in the Eurozone increased by 0.1% quarter-on-quarter to 176.45 million people, matching the pace of the first quarter and in line with market expectations and initial estimates, marking the 21st consecutive quarter of growth. ⑵ Employment growth in Spain accelerated from 0.3% in the first quarter to 0.5%; France sustained net employment growth for the third consecutive quarter; Germany’s employment declined for the fifth consecutive quarter (-0.1%, previous value -0.1%); Italy’s employment growth slowed from 0.5% to 0.3% but remained robust. ⑶ Year-on-year, employment growth in the Eurozone remained steady at 0.5%.