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.

European Union Unemployment Rate
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European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15432.00 15613.00 26614.00 15432.00 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 [+]


European Union Unemployment Rate

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




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.90 Jul/19
Brazil 11.80 Aug/19
Argentina 10.60 Jun/19
Italy 9.50 Aug/19
France 8.50 Jun/19
Euro Area 7.40 Aug/19
India 6.00 Dec/18
Saudi Arabia 5.60 Jun/19
Canada 5.50 Sep/19
Australia 5.20 Sep/19
Indonesia 5.01 Mar/19
Russia 4.50 Sep/19
United Kingdom 3.90 Aug/19
Mexico 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Sep/19
United States 3.50 Sep/19
South Korea 3.40 Sep/19
Germany 3.10 Aug/19
Japan 2.20 Aug/19
Singapore 2.20 Jun/19
Switzerland 2.10 Sep/19


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