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Eurozone, EU28 record employment gains in Q1

Eurozone, EU28 record employment gains in Q1

Mubasher: Employment across the 19-member Eurozone and the 28-member European Union (EU28) recorded the same gain in the first quarter of 2019, compared with the prior quarter, according to data published by the EU’s statistical office Eurostat on Wednesday.

Employment in both of the Eurozone and the EU28 rose by 0.3% in Q1-19, compared with increases of 0.3% and 0.2%, respectively in Q4-18,

On an annualised basis, the number of employed persons rose by 1.3% in the Eurozone, and by 1.1% in the EU28 in the three-month period to last March.

By 9:15 am GMT, the EUR/USD pair edged up by 0.07% to $1.1212.