European exports 2000-2007: direct and indirect effects on employment and labour income in the EU-27 and euro area

Between 2000 and 2007 more than two thirds of the embodied employment in European exports was due to manufactured products, while financial and real estate services showed the largest embodied labour income per person employed in exports activities, both in the European Union (EU-27) and in the euro area. At the end of the period (2007), the embodied labour income per person directly or indirectly employed in exports activities was 12% higher in the euro area than in EU-27. During 2000-2007, the labour intensity of exports has dropped in both, EU-27 and the euro area, however to lesser extent in the euro area.