Euro Area Unemployment Rate  1995-2018 | Data | Chart | Calendar

The unemployment rate in the Euro Area came in at 8.2 percent in July of 2018, the same as in the previous month and the lowest rate since November of 2008. It came in line with market expectations. Unemployment Rate in the Euro Area averaged 9.73 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.

Euro Area Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Euro Area Jobless Rate Lowest in Near 10 Years


The unemployment rate in the Euro Area came in at 8.2 percent in July of 2018, the same as in the previous month and the lowest rate since November of 2008. It came in line with market expectations. A year earlier, the unemployment rate was higher at 9.1 percent.

Considering the EU28, the unemployment rate edged down to 6.8 percent from 6.9 percent in June and from 7.6 percent in July 2017. This is the lowest rate since April of 2008. 

16.823 million people in the EU28, of whom 13.381 million in the Euro Area, were unemployed in July 2018, down by 82 000 in the EU28 and by 73 000 in the Euro Area from the previous month. Compared with July 2017, unemployment fell by 1.949 million in the EU28 and by 1.368 million in the Euro Area.

Among the Member States, the lowest unemployment rates in July 2018 were recorded in the Czech Republic (2.3 percent), Germany (3.4 percent) and Poland (3.5 percent). The highest unemployment rates were observed in Greece (19.5 percent in May 2018) and Spain (15.1 percent). Compared with a year ago, the unemployment rate fell in all Member States. The largest decreases were registered in Cyprus (from 10.7 percent to 7.7 percent), Greece (from 21.7 percent to 19.5 percent between May 2017 and May 2018), Portugal (from 8.9 percent to 6.8 percent) and Croatia (from 10.9 percent to 8.8 percent).


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
8/31/2018 9:38:13 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-02 09:00 AM Unemployment Rate 8.4% 8.4% 8.5% 8.5%
2018-07-31 09:00 AM Unemployment Rate 8.3% 8.3% 8.3% 8.4%
2018-08-31 09:00 AM Unemployment Rate 8.2% 8.2% 8.2% 8.3%
2018-10-01 09:00 AM Unemployment Rate 8.2% 8.2%
2018-10-31 10:00 AM Unemployment Rate 8.1%
2018-11-30 10:00 AM Unemployment Rate 8.1%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.20 8.20 12.10 7.30 percent [+]
Unemployed Persons 13290.00 13370.00 19205.00 11404.00 Thousand [+]
Employed Persons 157.98 157.21 157.98 117.36 Million [+]
Long Term Unemployment Rate 4.10 4.10 6.30 2.70 percent [+]
Youth Unemployment Rate 16.60 16.80 24.70 14.80 percent [+]
Productivity 105.20 105.20 105.20 82.60 Index Points [+]
Labour Costs 113.70 102.60 114.00 85.10 Index Points [+]
Wage Growth 1.90 1.80 3.40 0.80 percent [+]
Population 340.72 339.88 340.72 260.38 Million [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 31244.60 31351.90 31473.80 19769.20 Thousand [+]
Labor Force Participation Rate 57.00 57.30 57.30 55.00 percent [+]
Full Time Employment 113841.70 114580.90 118899.50 107473.60 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.20 8.20 12.10 7.30 1995 - 2018 percent Monthly
SA




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.10 Mar/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
United States 3.90 Aug/18
China 3.83 Jun/18
Netherlands 3.80 Jul/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


Related

Latest