The number of unemployed persons In the Euro Area decreased to 12642 Thousand in February of 2019 from 12757 Thousand in January of 2019. Unemployed Persons in the Euro Area averaged 14640.07 Thousand from 1995 until 2019, reaching an all time high of 19197 Thousand in April of 2013 and a record low of 11391 Thousand in March of 2008.
Unemployed Persons in Euro Area is expected to be 12700.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Euro Area to stand at 12500.00 in 12 months time. In the long-term, the Euro Area Unemployed Persons is projected to trend around 11900.00 Thousand in 2020, according to our econometric models.