European Union Unemployment Rate

Unemployment Rate in European Union decreased to 6.20 percent in August from 6.30 percent in July of 2019. Unemployment Rate in European Union averaged 8.81 percent from 2000 until 2019, reaching an all time high of 11 percent in February of 2013 and a record low of 6.20 percent in August of 2019.

Unemployment Rate in European Union is expected to be 6.00 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 5.90 in 12 months time. In the long-term, the European Union Unemployment Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

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European Union Labour	Last	Previous	Highest	Lowest	Unit
Unemployed Persons	15613.00	15586.00	26614.00	15586.00	Thousand	[+]
Long Term Unemployment Rate	2.70	2.80	5.30	2.40	percent	[+]
Labour Costs	110.70	102.60	110.70	84.10	Index Points	[+]
Unemployment Rate	6.20	6.30	11.00	6.20	percent	[+]
Wage Growth	3.10	2.90	3.60	0.90	percent	[+]
Youth Unemployment Rate	14.20	14.30	24.10	14.20	percent	[+]
Labor Force Participation Rate	57.90	58.10	58.20	56.30	percent	[+]
Part Time Employment	43256.20	43046.00	43395.50	31484.60	Thousand	[+]
Population	512.38	511.37	512.38	406.73	Million	[+]
Productivity	106.40	105.50	108.90	83.70	Index Points	[+]
Retirement Age Men	64.28	64.21	64.28	62.57		[+]
Retirement Age Women	63.44	63.31	63.44	61.24		[+]
Employed Persons	230356.80	231342.70	232104.10	213005.80	Thousand	[+]
Employment Change	0.30	0.30	0.50	-0.70	percent	[+]
Full Time Employment	180946.00	182089.80	183385.30	167303.40	Thousand	[+]

In European Union, 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 - 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.20	6.30	11.00	6.20	2000 - 2019	percent	Monthly	SA

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	13.00	Jun/19	12.8	14.8 : 7.3	%
Brazil	11.80	Aug/19	11.8	13.7 : 6.2	%
Argentina	10.60	Jun/19	10.1	20.8 : 5.9	%
Italy	9.50	Aug/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.40	Aug/19	7.5	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Aug/19	5.7	13.1 : 2.9	%
Saudi Arabia	5.60	Jun/19	5.7	6.3 : 4.35	%
Australia	5.30	Aug/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.30	Aug/19	4.5	14.1 : 4.3	%
United Kingdom	3.80	Jul/19	3.9	12 : 3.4	%
Mexico	3.70	Aug/19	3.7	6.42 : 2.22	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Netherlands	3.50	Aug/19	3.4	7.9 : 3.3	%
United States	3.50	Sep/19	3.7	10.8 : 2.5	%
Germany	3.10	Aug/19	3.1	11.5 : 0.4	%
South Korea	3.10	Aug/19	4	7.1 : 3	%
Japan	2.20	Aug/19	2.2	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Aug/19	2.1	5.7 : 1.5	%