Euro Area Unemployment Rate 1995-2015 | Data | Chart | Calendar

Unemployment Rate In the Euro Area remained unchanged at 11.10 percent in May of 2015 from 11.10 percent in April of 2015. Unemployment Rate in the Euro Area averaged 9.75 percent from 1995 until 2015, reaching an all time high of 12.10 percent in April of 2013 and a record low of 7.20 percent in March of 2008. Unemployment Rate in the Euro Area is reported by the Eurostat.

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Euro Area Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
11.10 11.10 12.10 7.20 1995 - 2015 percent Monthly
SA
In Euro Area, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Content for - Euro Area Unemployment Rate - was last refreshed on Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-30 10:00 AM Mar 11.3% 11.3% 11.2% 11.3%
2015-06-03 10:00 AM Apr 11.1% 11.2% (R) 11.2% 11.2%
2015-06-30 10:00 AM May 11.1% 11.1% 11.1% 11.1%
2015-07-31 10:00 AM Jun 11.1% 11%
2015-09-01 10:00 AM Jul 10.9%
2015-09-30 10:00 AM Aug 10.8%


Euro Area Jobless Rate Remains At 3-Year Low


The seasonally-adjusted unemployment rate in the Eurozone remained unchanged at 11.1 percent in May of 2015 compared with previous month but declined from 11.6 percent reported in May of 2014.

The EU28 unemployment rate was 9.6 percent in May 2015, also stable compared with April 2015 and down from 10.3 percent in May 2014. This is the lowest rate recorded in the EU28 since July 2011.

Eurostat estimates that 23.348 million men and women in the EU28, of whom 17.726 million in the euro area, were unemployed in May 2015. Compared with April 2015, the number of persons unemployed decreased by 38 000 in the EU28 and by 35 000 in the euro area. Compared with May 2014, unemployment fell by 1.575 million in the EU28 and by 939 000 in the euro area

Among the Member States, the lowest unemployment rate in May 2015 was recorded in Germany (4.7 percent), and the highest in Greece (25.6 percent in March 2015) and Spain (22.5 percent). Compared with a year ago, the unemployment rate in May 2015 fell in twenty-two Member States, increased in five and remained stable in Cyprus. The largest decreases were registered in Lithuania (8.2 percent from 11 percent), Spain (22.5 percent from 24.7 percent) and Ireland (9.8 percent from 11.7 percent). The increases were registered in Belgium (8.6 percent from 8.4 percent), France (10.3 percent from 10.1 percent), Romania (7.1 percent from 6.8 percent), Austria (6 percent from 5.6 percent) and Finland (9.4 percent from 8.6 percent).

In May 2015, 4.707 million young persons (under 25) were unemployed in the EU28, of whom 3.136 million were in the euro area. Compared with May 2014, youth unemployment decreased by 450 000 in the EU28 and by 300 000 in the euro area. The youth unemployment rate was 20.6 percent in the EU28 and 22.1 percent in the euro area, compared with 22.2 percent and 23.8 percent respectively in May 2014. The lowest rates were observed in Germany (7.1 percent), Denmark (10 percent) and Austria (10.1 percent), and the highest in Greece (49.7 percent in March 2015), Spain (49.3 percent), Croatia (43.6 percent in the first quarter 2015) and Italy (41.5 percent).

Eurostat | joana.ferreira@tradingeconomics.com
6/30/2015 11:08:49 AM


Recent Releases

Euro Area Unemployment Rate at 3-Year Low
The seasonally-adjusted jobless rate in the Eurozone decreased to 11.1 percent in April 2015 from a downwardly revised 11.2 percent in March and 11.7 percent in April 2014.
Published on 2015-06-03

Euro Area Unemployment Rate Unchanged at 11.3%
The Euro Area seasonally-adjusted unemployment rate was 11.3% in March, stable compared with February 2015 but down from 11.7% in March 2014.
Published on 2015-04-30

Euro Area Unemployment Rate Down to 11.3%
The Euro Area seasonally-adjusted unemployment rate was 11.3 percent in February, down from a revised 11.4 percent in January. This is the lowest rate since May 2012.
Published on 2015-03-31

Euro Area Unemployment Lowest in Almost 3 Years
The Euro area seasonally-adjusted unemployment rate was 11.2 percent in January of 2015, down from a revised 11.3 percent in December 2014, and from 11.8 percent in January 2014. It is the lowest rate since April 2012.
Published on 2015-03-02


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.10 11.10 12.10 7.20 percent [+]
Employed Persons 150.29 148.63 150.37 117.36 Million [+]
Unemployed Persons 17604.00 17715.00 19167.00 11295.00 Thousand [+]
Long Term Unemployment Rate 6.10 5.90 6.30 2.80 percent [+]
Youth Unemployment Rate 22.20 22.30 24.60 14.90 percent [+]
Productivity 102.20 102.00 102.20 84.50 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Labour Costs 105.82 105.37 105.82 79.03 Index Points [+]
Population 334.57 333.11 334.57 260.38 Million [+]
Employment Change 0.10 0.10 0.60 -0.70 percent [+]
Retirement Age Men 64.63 64.48 64.63 62.47 [+]
Retirement Age Women 63.94 63.77 63.94 61.59 [+]
Wage Growth 2.20 1.10 4.40 0.80 percent [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.00 May/15 6.10 10.90 4.00 percent [+]
Brazil 6.70 May/15 6.40 13.10 4.30 percent [+]
Canada 6.80 May/15 6.80 13.10 2.90 percent [+]
China 4.10 Mar/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 May/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 May/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.40 May/15 12.40 13.20 5.90 percent [+]
Japan 3.30 May/15 3.30 5.60 1.00 percent [+]
Mexico 4.45 May/15 4.31 5.93 2.22 percent [+]
Netherlands 6.90 May/15 7.00 7.90 3.60 percent [+]
Russia 5.60 May/15 5.80 14.10 4.80 percent [+]
South Korea 3.90 May/15 3.70 7.10 2.90 percent [+]
Spain 23.78 Mar/15 23.70 26.94 4.41 percent [+]
Switzerland 3.20 May/15 3.30 5.40 1.60 percent [+]
Turkey 10.60 Mar/15 11.20 14.80 7.30 percent [+]
United Kingdom 5.50 Apr/15 5.50 12.00 3.40 percent [+]
United States 5.30 Jun/15 5.50 10.80 2.50 percent [+]