The Euro Area seasonally adjusted unemployment rate eased to 6.2% in March 2026 from a revised 6.3% in February, in line with market expectations. The number of unemployed fell by 63,000 from a month earlier to 10.984 million. Meanwhile, youth unemployment remained elevated, with the youth jobless rate standing at 14.9% in the euro area, unchanged from the previous month, and 2.354 million young people under 25 unemployed. Among the major economies in the bloc, Spain (10.3%), France (7.7%), and Italy (5.2%) recorded the highest rates, whereas Germany (4.0%) and the Netherlands (4.0%) reported the lowest. A year ago, the jobless rate was slightly higher at 6.3%. In the broader European Union, the unemployment rate stood at 6.0% in March. source: EUROSTAT
Unemployment Rate In the Euro Area decreased to 6.20 percent in March from 6.30 percent in February of 2026. Unemployment Rate in Euro Area averaged 9.15 percent from 1995 until 2026, reaching an all time high of 12.30 percent in January of 2013 and a record low of 6.20 percent in September of 2024. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Unemployment Rate In the Euro Area decreased to 6.20 percent in March from 6.30 percent in February of 2026. Unemployment Rate in Euro Area is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Unemployment Rate is projected to trend around 6.10 percent in 2027, according to our econometric models.