Euro Area Unemployment Rate  1995-2017 | Data | Chart | Calendar

The unemployment rate in the Euro Area came in at 9.5 percent in March 2017, unchanged from the previous month's figure and slightly above market expectations of 9.4 percent. It was the lowest jobless rate since April 2009. A year earlier, the unemployment was higher at 10.2 percent. Unemployment Rate in the Euro Area averaged 9.78 percent from 1995 until 2017, reaching an all time high of 12.10 percent in March of 2013 and a record low of 7.30 percent in November of 2007.

Euro Area Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-02 10:00 AM Jan 9.6% 9.6% 9.6% 9.6%
2017-04-03 09:00 AM Feb 9.5% 9.6% 9.5% 9.5%
2017-05-02 09:00 AM Mar 9.5% 9.5% 9.4% 9.5%
2017-05-31 09:00 AM Apr 9.5% 9.4%
2017-07-03 09:00 AM May 9.4%
2017-07-31 09:00 AM Jun 9.4%




Eurozone Unemployment Rate Unchanged At 8-Year Low


The unemployment rate in the Euro Area came in at 9.5 percent in March 2017, unchanged from the previous month's figure and slightly above market expectations of 9.4 percent. It was the lowest jobless rate since April 2009. A year earlier, the unemployment was higher at 10.2 percent.

Compared with February 2017, the number of unemployed decreased by 5,000 to 15.515 million in the Euro Area. Compared with the previous year, it fell by 991,000.

Considering the European Union, the unemployment rate was 8 percent in March 2017, down from 8.1 percent in February and from 8.7 percent a year ago. This remains the lowest rate recorded in the EU28 since January 2009. There were 19.716 million people unemployed, a decrease of 56,000 from the previous month and of 1.647 million from March 2016.

Among EU Member States,  the lowest unemployment rates in March 2017 were recorded in the Czech Republic (3.2 percent), Germany (3.9 percent) and Malta (4.1 percent). The highest unemployment rates were observed in Greece (23.5 percent in January 2017) and Spain (18.2 percent). Compared with a year ago, the unemployment rate in March 2017 fell in twenty-three Member States, remained stable in France and Austria, while it increased in Denmark (to 6.2 percent from 6 percent), Italy (to 11.7 percent from 11.5 percent) and Lithuania (to 8.1 percent from 8 percent). The largest decreases were registered in Croatia (to 11.3 percent from 14 percent), Portugal (to 9.8 percent from 12 percent), Spain (to 18.2 percent from 20.3 percent) and Ireland (to 6.4 percent from 8.3 percent).

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/2/2017 9:12:47 AM



Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 9.50 12.10 7.30 percent [+]
Employed Persons 153.88 153.45 153.88 117.36 Million [+]
Unemployed Persons 15395.00 15398.00 19175.00 11363.00 Thousand [+]
Long Term Unemployment Rate 4.80 4.80 6.30 2.70 percent [+]
Youth Unemployment Rate 19.40 19.50 24.70 14.80 percent [+]
Labour Costs 112.20 102.50 112.20 85.10 Index Points [+]
Productivity 103.60 103.40 103.60 82.60 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 1.60 1.50 3.40 0.80 percent [+]
Population 339.89 338.52 339.89 260.38 Million [+]
Employment Change 0.30 0.20 0.80 -0.70 percent [+]
Full Time Employment 112867.40 113544.70 118857.50 107450.40 Thousand [+]
Part Time Employment 31101.30 30656.10 31101.30 19769.20 Thousand [+]
Retirement Age Men 64.63 64.48 64.63 62.47 [+]
Retirement Age Women 63.94 63.77 63.94 61.59 [+]
Labor Force Participation Rate 57.10 57.20 57.30 55.00 percent [+]


Euro Area Unemployment Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.50 12.10 7.30 1995 - 2017 percent Monthly
SA



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17