Euro Area Unemployment Rate at 3-Year Low

The seasonally-adjusted jobless rate in the Eurozone decreased to 11.1 percent in April 2015 from a downwardly revised 11.2 percent in March and 11.7 percent in April 2014.

The EU28 unemployment rate was 9.7 percent in April 2015, stable compared with March 2015 and down from 10.3 percent in April 2014. 

Eurostat estimates that 23.504 million men and women in the EU28, of whom 17.846 million in the euro area, were unemployed in April 2015. Compared with March 2015, the number of persons unemployed decreased by 126000 in the EU28 and by 130000 in the euro area. Compared with April 2014, unemployment fell by 1.545 million in the EU28 and by 849 000 in the euro area.

Among the Member States, the lowest unemployment rate in April 2015 was recorded in Germany (4.7 percent), and the highest in Greece (25.4 percent in February 2015) and Spain (22.7 percent).

Compared with a year ago, the unemployment rate in April 2015 fell in twenty-two Member States and increased in six. The largest decreases were registered in Spain (24.9 percent to 22.7 percent), Lithuania (11.1 percent to 8.9 percent) and Ireland (11.8 percent to 9.7 percent). The increases were registered in Belgium (8.4 percent to 8.5 percent), Romania (6.8 percent to 6.9 percent), Austria (5.5 percent to 5.7 percent), France (10.1 percent to 10.5 percent), Croatia (17.1 percent to 17.5 percent) and Finland (8.5 percent to 9.4 percent).

Euro Area Unemployment Rate at 3-Year Low

Eurostat | Joana Taborda |
6/3/2015 10:24:52 AM