Unemployment Rate in European Union decreased to 7.30 percent in May from 7.40 percent in April of 2021. source: EUROSTAT
Unemployment Rate in European Union averaged 9.11 percent from 2000 until 2021, reaching an all time high of 11.50 percent in January of 2013 and a record low of 6.40 percent in March of 2020. This page provides the latest reported value for - European Union Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Unemployment Rate - values, historical data and charts - was last updated on July of 2021.
Unemployment Rate in European Union is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in European Union to stand at 7.00 in 12 months time. In the long-term, the European Union Unemployment Rate is projected to trend around 7.30 percent in 2022 and 6.90 percent in 2023, according to our econometric models.