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

The unemployment rate in the Euro Area was unchanged at 8.5 percent in March of 2018, the same as in February and in line with market expectations. It remains the lowest jobless rate since December of 2008, well below 9.4 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 February 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 Steady at 9-Year Low


The unemployment rate in the Euro Area was unchanged at 8.5 percent in March of 2018, the same as in February and in line with market expectations. It remains the lowest jobless rate since December of 2008, well below 9.4 percent a year earlier.

13.824 million people were unemployed in the Euro Area in March 2018, down by 83,000 from the previous month and by 1.414 million a year earlier.

Considering the European Union, the unemployment rate was flat at 7.1 percent, the same as in February and the lowest since September 2008. In March 2017, it was higher at 7.9 percent. 17.481 million men and women were unemployed, down by 94,000 from February and by 1.930 million from a year earlier. 

Among the Member States, the lowest unemployment rates in March 2018 were recorded in the Czech Republic (2.2 percent), Malta (3.3 percent) and Germany (3.4 percent). The highest unemployment rates were observed in Greece (20.6 percent in January 2018) and Spain (16.1 percent).


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
5/2/2018 9:14:30 AM



Calendar GMT Actual Previous Consensus TEForecast
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% 8.5% 8.5% 8.5%
2018-05-31 09:00 AM Unemployment Rate 8.5% 8.4% 8.5%
2018-07-02 09:00 AM Unemployment Rate 8.5%
2018-07-31 09:00 AM Unemployment Rate 8.5%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.50 12.10 7.30 percent [+]
Unemployed Persons 13716.00 13810.00 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 17.30 17.50 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.50 8.50 12.10 7.30 1995 - 2018 percent Monthly
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unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 9.20 Mar/18
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 4.90 Apr/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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