Euro Area Unemployment Rate  1995-2018 | Data | Chart | Calendar

The unemployment rate in the Euro Area edged down to 8.5 percent in February of 2018 from 8.6 percent in January, matching market expectations. It is the lowest jobless rate since December of 2008, well below 9.5 percent a year earlier. Unemployment Rate in the Euro Area averaged 9.75 percent from 1995 until 2018, reaching an all time high of 12.10 percent in April of 2013 and a record low of 7.30 percent in October of 2007.

Euro Area Unemployment Rate
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Euro Area Jobless Rate Falls to New 9-Year Low


The unemployment rate in the Euro Area edged down to 8.5 percent in February of 2018 from 8.6 percent in January, matching market expectations. It is the lowest jobless rate since December of 2008, well below 9.5 percent a year earlier.

13.916 million people were unemployed in the Euro Area in February 2018, down by 141,000 from the previous month and by 1.436 million from the previous year.

Considering the European Union, the unemployment rate fell to 7.1 percent in February 2018, down from 7.2 percent in January 2018 and 8 percent in February 2017. This is the lowest rate recorded since September 2008. 17.632 million people were unemployed, down by 201,000 from ther previous month and by 1.968 million from the previous year. 

Among the Member States, the lowest unemployment rates in February 2018 were recorded in the Czech Republic (2.4 percent) and Germany and Malta (both 3.5 percent). The highest rates were observed in Greece (20.8 percent in December 2017) and Spain (16.1 percent).


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
4/4/2018 9:12:02 AM


Recent Releases

Eurozone Unemployment Rate Unchanged at 9-Year Low
The unemployment rate in the Euro Area stood at to 8.6 percent in January 2018, unchanged from the previous month's nine-month low and below 9.6 percent a year earlier.
Published on 2018-03-01

Euro Area Jobless Rate Unchanged at 8.7%
The unemployment rate in the Euro Area was steady at 8.7 percent in December of 2017, the same as in November and in line with market expectations. It remains the lowest jobless rate since January 2009.
Published on 2018-01-31

Eurozone Jobless Rate Drops to Near 9-Year Low
The unemployment rate in the Euro Area fell to 8.7 percent in November 2017 from 8.8 percent in the previous month, matching market expectations. It was the lowest jobless rate since January 2009.
Published on 2018-01-09

Euro Area Jobless Rate Falls Further to 8.8%
The unemployment rate in the Euro Area declined to 8.8 percent in October of 2017 from 8.9 percent in September and 9.8 percent in October 2016. It is the lowest jobless rate since January of 2009 as the number of unemployed persons declined.
Published on 2017-11-30



Calendar GMT Actual Previous Consensus TEForecast
2018-01-31 10:00 AM Unemployment Rate 8.7% 8.7% 8.7% 8.7%
2018-03-01 10:00 AM Unemployment Rate 8.6% 8.6% 8.6% 8.7%
2018-04-04 09:00 AM Unemployment Rate 8.5% 8.6% 8.5% 8.6%
2018-05-02 09:00 AM Unemployment Rate 8.5% 8.6%
2018-05-31 09:00 AM Unemployment Rate 8.5%
2018-07-02 09:00 AM Unemployment Rate 8.5%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.60 12.10 7.30 percent [+]
Unemployed Persons 13810.00 14005.00 19194.00 11409.00 Thousand [+]
Employed Persons 156.65 156.24 156.65 117.36 Million [+]
Long Term Unemployment Rate 4.10 4.20 6.30 2.70 percent [+]
Youth Unemployment Rate 17.70 17.70 24.70 14.80 percent [+]
Productivity 105.00 104.60 105.00 82.60 Index Points [+]
Labour Costs 114.00 104.20 114.00 85.10 Index Points [+]
Wage Growth 1.70 1.60 3.40 0.80 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.30 0.40 0.80 -0.70 percent [+]
Part Time Employment 31347.80 30970.40 31472.90 19769.20 Thousand [+]
Labor Force Participation Rate 57.30 57.30 57.30 55.00 percent [+]
Full Time Employment 114569.50 115235.60 118899.50 107473.60 Thousand [+]
Retirement Age Men 64.36 64.27 64.36 62.24 [+]
Retirement Age Women 63.96 63.86 63.96 61.66 [+]


Euro Area Unemployment Rate

In Euro Area, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.50 8.60 12.10 7.30 1995 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 12.60 Feb/18
Italy 10.90 Feb/18
Turkey 10.80 Jan/18
France 8.90 Dec/17
Euro Area 8.50 Feb/18
Canada 5.80 Mar/18
Australia 5.50 Mar/18
Indonesia 5.50 Sep/17
Russia 5.00 Mar/18
United Kingdom 4.20 Feb/18
United States 4.10 Mar/18
South Korea 4.00 Mar/18
China 3.90 Dec/17
Netherlands 3.90 Mar/18
India 3.52 Dec/17
Germany 3.50 Feb/18
Mexico 3.20 Feb/18
Switzerland 2.90 Mar/18
Japan 2.50 Feb/18


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