Employment Change y/y shows the change in the number of people employed in the euro area in the given quarter compared to the same quarter of the previous year. The calculation includes the full and part-time employment, as well as hired labor and self-employment.
The index increase allows forecasting the growth in consumer spending. That is why the growth of the indicator value can have a positive effect on euro quotes.
The chart of the entire available history of the "European Union Employment Change y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.