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

The unemployment rate in the Euro Area decreased to 8.9 percent in September 2017, below a downwardly revised 9.0 percent in August 2017 and slightly lower than market expectations of 9 percent. This is the lowest rate recorded in the Euro Area since January 2009. A year earlier, the unemployment rate was higher at 9.9 percent. Unemployment Rate in the Euro Area averaged 9.77 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 November of 2007.

Euro Area Unemployment Rate
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Euro Area Jobless Rate Drops to 8.9% in September


The unemployment rate in the Euro Area decreased to 8.9 percent in September 2017, below a downwardly revised 9.0 percent in August 2017 and slightly lower than market expectations of 9 percent. This is the lowest rate recorded in the Euro Area since January 2009. A year earlier, the unemployment rate was higher at 9.9 percent.

The EU28 unemployment rate was 7.5 percent in September 2017, stable compared to August 2017 and down from 8.4 percent in September 2016. This remains the lowest rate recorded in the EU28 since November 2008.

Compared with August 2017, the number of persons unemployed decreased by 116 000 in the EU28 and by 96 000 in the Euro Area. Compared with September 2016, unemployment fell by 2.076 million in the EU28 and by 1.463 million in the Euro Area. It is estimated that 18.446 million men and women in the EU28, of whom 14.513 million in the Euro Area, were unemployed in September 2017. 

Among the Member States, the lowest unemployment rates in September 2017 were recorded in the Czech Republic (2.7 percent), Germany (3.6 percent) and Malta (4.1 percent). The highest unemployment rates were observed in Greece (21.0 percent in July 2017) and Spain (16.7 percent). Compared with a year ago, the unemployment rate fell in all Member States for which data is comparable over time, except Finland where it remained stable and Lithuania where it increased (from 7.6 percent to 7.7 percent). The largest decreases were registered in Cyprus (from 13.0 percent to 10.3 percent), Spain (from 19.1 percent to 16.7 percent) and Greece (from 23.4 percent to 21.0 percent between July 2016 and July 2017).

In September 2017, 3.735 million young persons (under 25) were unemployed in the EU28, of whom 2.656 million were in the Euro Area. Compared with September 2016, youth unemployment decreased by 396 000 in the EU28 and by 229 000 in the Euro Area. In September 2017, the youth unemployment rate was 16.6 percent in the EU28 and 18.7 percent in the Euro Area, compared with 18.3 percent and 20.4 percent respectively in September 2016. In September 2017, the lowest rate was observed in Germany (6.4 percent), while the highest was recorded in Greece (42.8 percent in July 2017), Spain (37.2 percent) and Italy (35.7 percent).

Eurostat | Marta Dubiel | marta.dubiel@tradingeconomics.com
10/31/2017 10:49:05 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-31 09:00 AM Unemployment Rate 9.1% 9.1% 9.1% 9.1%
2017-10-02 09:00 AM Unemployment Rate 9.1% 9.1% 9.0% 9%
2017-10-31 10:00 AM Unemployment Rate 8.9% 9.0% 9% 9%
2017-11-30 10:00 AM Unemployment Rate 8.9% 8.9% 8.9%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.90 9.00 12.10 7.30 percent [+]
Unemployed Persons 14402.00 14642.00 19153.00 11368.00 Thousand [+]
Employed Persons 155.60 154.77 155.60 117.36 Million [+]
Long Term Unemployment Rate 4.40 4.70 6.30 2.70 percent [+]
Youth Unemployment Rate 18.70 18.80 24.70 14.80 percent [+]
Productivity 104.20 103.80 104.20 82.60 Index Points [+]
Labour Costs 111.10 100.40 112.30 85.10 Index Points [+]
Wage Growth 2.00 1.30 3.40 0.70 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.40 0.50 0.80 -0.70 percent [+]
Part Time Employment 31435.80 31213.10 31435.80 19769.20 Thousand [+]
Labor Force Participation Rate 57.10 56.80 57.30 55.00 percent [+]
Full Time Employment 113328.90 111780.50 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

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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.90 9.00 12.10 7.30 1995 - 2017 percent Monthly
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unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.40 Sep/17
Italy 11.10 Sep/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.90 Sep/17
Canada 6.30 Oct/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Sep/17
United States 4.10 Oct/17
China 3.95 Sep/17
Germany 3.60 Sep/17
Mexico 3.60 Sep/17
South Korea 3.60 Oct/17
India 3.46 Dec/16
Switzerland 3.00 Oct/17
Japan 2.80 Sep/17