The review highlights continuing economic growth in the EU together with a steady decrease in unemployment. As such, the number of employed in the EU has reached above 235 million in the second quarter of 2017. This is the highest level ever recorded and represents almost 4 million more people in employment than in 2008. Economic growth has been the main driver behind the recovery in employment. From the second quarter of 2016 to the second quarter of 2017, GDP grew by 2.4%, according to the latest Employment and Social Developments Quarterly Review.
To know more about economic growth and employment in the EU, check this month’s ESDE Quarterly Review.