Unemployment Rate In the Euro Area remained unchanged at 7.90 percent in December from 7.90 percent in November of 2018. Unemployment Rate in the Euro Area averaged 9.70 percent from 1995 until 2018, reaching an all time high of 12.10 percent in March of 2013 and a record low of 7.30 percent in October of 2007.

Unemployment Rate in Euro Area is expected to be 7.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Euro Area to stand at 7.10 in 12 months time. In the long-term, the Euro Area Unemployment Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Euro Area Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 10:00 AM Unemployment Rate 8.1% 8.1% 8.1% 8.1%
2018-11-30 10:00 AM Unemployment Rate 8.1% 8.1% 8% 8.1%
2019-01-09 10:00 AM Unemployment Rate 7.9% 8% 8.1% 8.1%
2019-01-31 10:00 AM Unemployment Rate 7.9% 7.9% 7.9% 7.9%
2019-03-01 10:00 AM Unemployment Rate 7.9% 7.9% 7.9%
2019-04-02 09:00 AM Unemployment Rate 7.8%
2019-04-30 09:00 AM Unemployment Rate 7.7%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 7.90 12.10 7.30 percent [+]
Unemployed Persons 12829.00 12903.00 19193.00 11403.00 Thousand [+]
Employed Persons 158.29 157.97 158.29 117.36 Million [+]
Long Term Unemployment Rate 3.50 3.90 6.30 2.70 percent [+]
Youth Unemployment Rate 16.60 16.90 24.70 14.80 percent [+]
Productivity 105.20 105.30 105.30 82.60 Index Points [+]
Labour Costs 106.40 113.90 114.10 85.10 Index Points [+]
Wage Growth 2.40 2.10 3.40 0.80 percent [+]
Population 340.72 339.88 340.72 260.38 Million [+]
Employment Change 0.30 0.20 0.80 -0.70 percent [+]
Part Time Employment 30964.20 31590.00 31590.00 19769.20 Thousand [+]
Labor Force Participation Rate 57.30 57.20 57.30 55.00 percent [+]
Full Time Employment 116891.60 115128.60 118849.00 107485.60 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.90 12.10 7.30 1995 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 12.30 Nov/18
Brazil 11.60 Dec/18
Italy 10.30 Dec/18
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.90 Dec/18
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Jan/19
Indonesia 5.34 Sep/18
Australia 5.00 Dec/18
Russia 4.80 Dec/18
South Korea 4.40 Jan/19
United Kingdom 4.00 Nov/18
United States 4.00 Jan/19
China 3.80 Dec/18
Netherlands 3.60 Dec/18
Mexico 3.40 Dec/18
Germany 3.30 Dec/18
Switzerland 2.80 Jan/19
Japan 2.40 Dec/18
Singapore 2.20 Dec/18


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