Euro Area Unemployment Rate  1995-2017 | Data | Chart | Calendar

The unemployment rate in the Euro Area fell to 9.1 percent in June of 2017 from a downwardly revised 9.2 percent in May and below market expectations of 9.2 percent. It is the lowest jobless rate since February of 2009. A year earlier, the unemployment rate was higher at 10.1 percent. Unemployment Rate in the Euro Area averaged 9.78 percent from 1995 until 2017, 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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Eurozone Jobless Rate Drops to 9.1% in June


The unemployment rate in the Euro Area fell to 9.1 percent in June of 2017 from a downwardly revised 9.2 percent in May and below market expectations of 9.2 percent. It is the lowest jobless rate since February of 2009. A year earlier, the unemployment rate was higher at 10.1 percent.

Compared with May 2017, the number of unemployed decreased by 148,000 to 14.718 million in the Euro Area. Compared with the previous year, it fell by 1.667 million.

Considering the European Union, the unemployment rate was flat at 7.7 percent, the same as in the previous month and down from 8.6 percent a year ago. This remains the lowest rate recorded in the EU28 since December 2008. There were 18.725 million people unemployed, a decrease of 183,000 from the previous month and of 2.368 million from June 2016.

Among EU Member States, the lowest unemployment rates in june 2017 were recorded in the Czech Republic (2.9 percent), Germany (3.8 percent) and Malta (4.1 percent). The highest were observed in Greece (21.7 percent in April 2017) and Spain (17.1 percent). Compared with a year ago, the unemployment rate fell in all Member States for which data is comparable over time, except Estonia which showed an increase (from 6.5 percent in May 2016 to 6.9 percent in May 2017). The largest decreases were registered in Spain (from 19.9 percent to 17.1 percent) and Croatia (from 13.3 percent to 10.6 percent). 

The youth unemployment rate was 16.7 percent in the EU28 and 18.7 percent in the Euro Area, compared with 18.8 percent and 21 percent respectively in June 2016. In June 2017, the lowest rate was observed in Germany (6.7 percent) while the highest were recorded in Greece (45.5 percent in April 2017), Spain (39.2 percent) and Italy (35.4 percent).

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
7/31/2017 9:23:28 AM


Recent Releases

Eurozone Jobless Rate Steady At Over 8-Year Low
The unemployment rate in the Euro Area came in at 9.3 percent in May 2017, unchanged from the previous month's figure and slightly above market expectations of 9.2 percent. The jobless rate remained at its lowest level since March 2009. A year earlier, the unemployment was higher at 10.2 percent.
Published on 2017-07-03

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.
Published on 2017-05-31

Eurozone Unemployment Rate Unchanged At 8-Year Low
The unemployment rate in the Euro Area came in at 9.5 percent in March 2017, unchanged from the previous month's figure and slightly above market expectations of 9.4 percent. It was the lowest jobless rate since April 2009. A year earlier, the unemployment was higher at 10.2 percent.
Published on 2017-05-02

Eurozone Jobless Rate Falls To Near 8-Year Low Of 9.5%
The unemployment rate in the Euro Area dropped to 9.5 percent in February 2017 from 9.6 percent in January and in line with market expectations. It was the lowest level since May 2009. A year earlier, the unemployment was higher at 10.3 percent.
Published on 2017-04-03



Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-31 09:00 AM Apr 9.3% 9.4% 9.4% 9.4%
2017-07-03 09:00 AM May 9.3% 9.3% 9.2% 9.3%
2017-07-31 09:00 AM Jun 9.1% 9.2% 9.2% 9.2%
2017-08-31 09:00 AM Jul 9.1% 9.1%
2017-10-02 09:00 AM Aug 9%
2017-10-31 10:00 AM Sep 8.9%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.10 9.20 12.10 7.30 percent [+]
Unemployed Persons 14613.00 14759.00 19153.00 11368.00 Thousand [+]
Employed Persons 154.77 153.88 154.77 117.36 Million [+]
Long Term Unemployment Rate 4.70 4.80 6.30 2.70 percent [+]
Youth Unemployment Rate 18.70 19.00 24.70 14.80 percent [+]
Productivity 103.80 103.60 103.80 82.60 Index Points [+]
Labour Costs 100.40 112.10 112.10 85.10 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 1.40 1.60 3.40 0.80 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 31212.80 31035.80 31212.80 19769.20 Thousand [+]
Labor Force Participation Rate 56.80 57.10 57.30 55.00 percent [+]
Full Time Employment 111779.20 112684.40 118857.50 107450.40 Thousand [+]
Retirement Age Men 64.54 64.47 64.63 62.37 [+]
Retirement Age Women 64.32 64.20 64.32 61.61 [+]


Euro Area Unemployment Rate Notes

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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.10 9.20 12.10 7.30 1995 - 2017 percent Monthly
SA



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17