The latest quarterly data shows that growth remains relatively modest in the third year since the EU economy started its recovery from the recession. Economic activity has expanded in most Member States, but the recovery remains uneven.
To quote some of the main figures:
- Employment growth in the EU strengthened in the first quarter of 2016.
- Employment continued to increase in most Member States, but for some, employment recovery has not been robust.
- Permanent jobs and full-time employment continued to increase, accelerating at the end of 2015.
- Despite having continued to gradually decrease unemployment remains above 2008 levels.
- Long-term unemployment declined further and fell proportionally more than short-term unemployment.
- The financial situation of EU households continued to improve, driven by income from work and social benefits.
Find the last edition of the Quarterly Review here (all EU languages).