Growth performance Employment growth  GDP growth  Productivity growth  SUOMEN PANKKI | FINLANDS BANK | BANK OF FINLAND  5  But we must admit that employment growth in the euro area has been impressive.
Since the launch of the euro, 16 million new jobs have been created in the area, compared with 13 million new jobs in the United States in the same period. Unemployment has come down from a peak of 11% in the mid-1990s to 7% today.