Global Macro Service > Research Briefings > Eurozone

Why employment will recover faster than usual

The eurozone labour market is heating up. We expect around 2 million jobs will be created from Q2 2021 until the end of the year, recovering almost two-thirds of the jobs lost since the coronavirus pandemic hit. Employment should return to pre-crisis levels by H2 2022, which is a markedly stronger performance than we had expected a few months ago.

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