The Eurozone's seasonally adjusted unemployment rate stood at 6.4% in August 2026, holding at the same level since February and matching analysts' forecasts. The labor market has so far proved resilient despite businesses facing rising energy prices and higher interest rates due to the prolonged Middle East conflict. The number of unemployed increased by 26 thousand from the previous month to 11.357 million. In turn, youth unemployment edged down to 15% from 15.1% in July, with 2.391 million young people under 25 unemployed. Among the major economies in the bloc, Germany (4%) and the Netherlands (4%) recorded the lower rates, whereas Spain (10%), France (8.2%), and Italy (6.2%) posted the highest rates. A year ago, the jobless rate was slightly lower at 6.3%. In the broader European Union, the unemployment rate remained unchanged for the seventh consecutive month at 6.1%. source: EUROSTAT
Unemployment Rate In the Euro Area remained unchanged at 6.40 percent in August. Unemployment Rate in Euro Area averaged 9.12 percent from 1995 until 2026, reaching an all time high of 12.30 percent in February of 2013 and a record low of 6.20 percent in October of 2024. This page provides the latest reported value for - Euro Area Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Unemployment Rate In the Euro Area remained unchanged at 6.40 percent in August. Unemployment Rate in Euro Area is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Unemployment Rate is projected to trend around 6.50 percent in 2027 and 6.60 percent in 2028, according to our econometric models.