Euro Area Jobless Rate Falls Further To 9.3% In April



The unemployment rate in the Eurozone declined to 9.3 percent in April of 2017 from a downwardly revised 9.4 percent in the previous two months and below market expectations of 9.4 percent. It is the lowest jobless rate since March of 2009.

The EU 28 unemployment rate was 7.8 percent, down from 7.9 percent in March and the lowest rate since December of 2008.

There were 19.121 million unemployed persons in the EU28, of whom 15.040 million in the Euro Area. Compared with the previous month, the number of persons unemployed decreased by 253 000 in the EU28 and by 233 000 in the Euro Area. 

Among Member States, the lowest unemployment rates in April 2017 were recorded in the Czech Republic (3.2 percent), Germany (3.9 percent) and Malta (4.1 percent). The highest ones were observed in Greece (23.2 percent in February 2017) and Spain (17.8 percent). The jobless rate in France (9.5 percent) and Italy (11.1 percent) was above the Euro Area average while in Ireland it was below (6.4 percent). 

Euro Area Jobless Rate Falls Further To 9.3% In April


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
5/31/2017 9:28:56 AM