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

The unemployment rate in the Euro Area was unchanged at 9.1 percent in July of 2017, the same as in the previous month and in line with market expectations. It is the lowest jobless rate since February of 2009. A year earlier, the unemployment rate was higher at 10 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 February 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 Steady at 9.1% in July


The unemployment rate in the Euro Area was unchanged at 9.1 percent in July of 2017, the same as in the previous month and in line with market expectations. It is the lowest jobless rate since February of 2009. A year earlier, the unemployment rate was higher at 10 percent.

Compared with June of 2017, the number of persons unemployed increased by 73,000 to 14.86 million in the Euro Area. Compared with the previous year,  it fell by 1.309 million.

Considering the European Union, the unemployment rate was 7.7 percent in July 2017, stable compared to June 2017 and down from 8.5 percent in July of 2016. This remains the lowest rate recorded in the EU28 since December of 2008. The number of persons unemployed increased by 93,000 to 18.916 million. Compared with the previous year,  it fell by 1.928 million.

Among the Member States, the lowest unemployment rates in July 2017 were recorded in the Czech Republic (2.9 percent), Germany (3.7 percent) and Malta (4.1 percent). The highest rates were observed in Greece (21.7 percent in May 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 Finland where it remained stable. The largest decreases were registered in Croatia (from 13.2 percent to 10.6 percent), Spain (from 19.6 percent to 17.1 percent), Slovakia (from 9.7 percent to 7.3 percent) and Cyprus (from 13 percent to 10.8 percent).

In July 2017, the youth unemployment rate was 16.9 percent in the EU28 and 19.1 percent in the Euro Area, compared with 18.7 percent and 20.8 percent respectively a year earlier. In July 2017, the lowest rate was observed in Germany (6.5 percent), while the highest were recorded in Greece (44.4 percent in May 2017), Spain (38.6 percent) and Italy (35.5 percent).

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
8/31/2017 9:21:23 AM


Recent Releases

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.
Published on 2017-07-31

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



Calendar GMT Actual Previous Consensus TEForecast
2017-07-03 09:00 AM Unemployment Rate 9.3% 9.3% 9.2% 9.3%
2017-07-31 09:00 AM Unemployment Rate 9.1% 9.2% 9.2% 9.2%
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%
2017-10-31 10:00 AM Unemployment Rate 9%
2017-11-30 10:00 AM Unemployment Rate 9%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.10 9.10 12.10 7.30 percent [+]
Unemployed Persons 14749.00 14613.00 19153.00 11368.00 Thousand [+]
Employed Persons 155.60 154.77 155.60 117.36 Million [+]
Long Term Unemployment Rate 4.70 4.80 6.30 2.70 percent [+]
Youth Unemployment Rate 19.10 19.00 24.80 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 [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
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 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 September of 2017.

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



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 12.80 Jul/17
Italy 11.30 Jul/17
Turkey 10.20 Jun/17
France 9.50 Jun/17
Euro Area 9.10 Jul/17
Canada 6.20 Aug/17
Australia 5.60 Aug/17
Indonesia 5.33 Mar/17
India 4.90 Dec/13
Russia 4.90 Aug/17
Netherlands 4.80 Jul/17
United States 4.40 Aug/17
United Kingdom 4.30 Jul/17
China 3.95 Jun/17
South Korea 3.80 Aug/17
Germany 3.70 Jul/17
Mexico 3.40 Jul/17
Switzerland 3.00 Aug/17
Japan 2.80 Jul/17