Unemployment Rate in European Union remained unchanged at 6.70 percent in November from 6.70 percent in October of 2018. Unemployment Rate in European Union averaged 8.90 percent from 2000 until 2018, reaching an all time high of 11 percent in February of 2013 and a record low of 6.70 percent in September of 2018.
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 5.50 in 12 months time. In the long-term, the European Union Unemployment Rate is projected to trend around 5.40 percent in 2020, according to our econometric models.