FX.co ★ Eurozone Employment Revised Higher

In the third quarter of 2025, the number of employed individuals in the Euro Area increased by 0.2% from the preceding quarter, reaching 172.21 million. This figure has been revised upward from an initial estimate of 0.1% and surpasses market expectations of a 0.1% rise. This marks the 18th consecutive period of employment growth within the currency bloc, continuing the trend of gradual yet steady job increases in the European labor market. Among the major economies, Spain experienced a 0.7% employment growth for the second consecutive period, France saw a 0.1% increase, and Italy also saw a 0.1% rise, which offset the June decline. Conversely, employment in Germany decreased by 0.1%, marking nine consecutive quarters without growth in employment numbers. Compared to the previous year, employment in the Eurozone grew by 0.6%, which is the slowest growth rate since the post-Covid recovery commenced in the second quarter of 2021.