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Eurozone employment reaches record high in Q4'17

Employment in the eurozone ticked up by 0.3% in the fourth quarter of 2017, down from 0.4% seasonally adjusted growth from July to September, according to estimates from Eurostat.

When compared to the year-ago period, fourth-quarter employment was up by 1.6% in the bloc. According to Eurostat's estimates, 156.7 million people were employed in the euro area in the last quarter of 2017, the highest level of employment recorded on a seasonally adjusted basis.

In full year 2017, the bloc saw a 1.3% increase in employment when compared to the previous year.

Among the members of the eurozone, Malta, Estonia, Finland, Luxembourg and Latvia saw the highest quarterly increases in employment, while Italy, Greece and Lithuania saw employment fall in the last quarter of 2017.