Euro Area Unemployment Rate  1995-2016 | Data | Chart | Calendar

The unemployment rate in the Eurozone declined to 9.8 percent in October of 2016 from a downwardly revised 9.9 percent in September and below market expectations of 10 percent. It is the lowest jobless rate since July of 2009. The unemployment rate has been falling since reaching a record high of 12.1 percent in April of 2013 but still remains above a record low of 7.2 percent reported in March of 2008. Unemployment Rate in the Euro Area averaged 9.79 percent from 1995 until 2016, 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.

Euro Area Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-30 09:00 AM Aug 10.1% 10.1% 10% 10%
2016-11-03 10:00 AM Sep 10% 10% 10% 10%
2016-12-01 10:00 AM Oct 9.8% 9.9% 10% 10%
2017-01-06 10:00 AM Nov 9.7%
2017-02-02 10:00 AM Dec 9.7%
2017-03-01 10:00 AM Jan 9.6%




Euro Area Unemployment Rate Falls to 7-Year Low


The unemployment rate in the Eurozone declined to 9.8 percent in October of 2016 from a downwardly revised 9.9 percent in September. It is the lowest jobless rate since July of 2009 and below market expectations of 10 percent. Unemployment has been falling since a record high of 12.1 percent in April of 2013 but remains above a record low of 7.2 percent in March of 2008.

Considering the European Union, the jobless rate fell to 8.3 percent in October from 8.4 percent in September, reaching the lowest since February of 2009.
 
20.448 million people were unemployed in the EU28, of whom 15.908 million in the Euro Area. Compared with September, the number of persons unemployed decreased by 190 000 in the EU28 and by 178 000 in the Euro Area.
 
Among Member States, the lowest unemployment rates were recorded in the Czech Republic (3.8 percent) and Germany (4.1 percent) and the highest in Greece (23.4 percent in August 2016) and Spain (19.2 percent).

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
12/1/2016 10:34:39 AM



Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 9.90 12.10 7.20 percent [+]
Unemployed Persons 16057.00 16199.00 19167.00 11295.00 Thousand [+]
Employed Persons 153.27 152.68 153.27 117.36 Million [+]
Long Term Unemployment Rate 5.00 5.20 6.30 2.70 percent [+]
Youth Unemployment Rate 20.70 20.70 24.60 15.10 percent [+]
Productivity 103.00 103.10 103.10 82.60 Index Points [+]
Labour Costs 109.20 99.00 110.50 84.80 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 0.90 1.70 3.40 0.90 percent [+]
Population 338.47 337.47 338.47 260.38 Million [+]
Full Time Employment 112073.10 110334.50 118857.50 107450.40 Thousand [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 30948.50 30925.70 30948.50 19769.20 Thousand [+]
Labor Force Participation Rate 57.00 56.80 57.30 55.00 percent [+]
Retirement Age Men 64.63 64.48 64.63 62.47 [+]
Retirement Age Women 63.94 63.77 63.94 61.59 [+]



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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
9.80 9.90 12.10 7.20 1995 - 2016 percent Monthly
SA



Last
Djibouti 54.00 Dec/10
Congo 46.10 Dec/13
Bosnia and Herzegovina 41.25 Sep/16
Afghanistan 40.00 Dec/15
Kenya 40.00 Dec/11
Kosovo 32.90 Dec/15
Gambia 29.80 Dec/13
Yemen 29.00 Dec/11
Palestine 28.40 Sep/16
Namibia 28.10 Dec/14
South Africa 27.10 Sep/16
Republic of the Congo 26.60 Dec/10
Angola 26.00 Dec/14
Lesotho 25.30 Dec/08
Macedonia 24.00 Jun/16
Greece 23.40 Aug/16
Equatorial Guinea 22.30 Dec/09
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Montenegro 19.51 Oct/16
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Spain 18.91 Sep/16
Armenia 18.40 Jun/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Iraq 16.40 Dec/14
Albania 15.90 Jun/16
Jordan 15.80 Sep/16
Tunisia 15.50 Sep/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Eritrea 14.50 Dec/84
Croatia 14.00 Oct/16
Dominican Republic 14.00 Sep/15
Serbia 13.80 Sep/16
Jamaica 13.70 Jun/16
Sao Tome and Principe 13.60 Dec/12
Senegal 13.40 Dec/15
Nigeria 13.30 Jun/16
Zambia 13.30 Dec/14
Rwanda 13.20 Feb/16
Mauritania 12.85 Dec/14
Egypt 12.60 Sep/16
Puerto Rico 12.50 Oct/16
Cape Verde 12.40 Dec/15
Iran 12.20 Jun/16
Cyprus 12.00 Oct/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Brazil 11.80 Oct/16
Italy 11.60 Oct/16
Maldives 11.60 Dec/14
Turkey 11.30 Aug/16
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Uzbekistan 10.70 Dec/13
Portugal 10.50 Sep/16
Turkmenistan 10.50 Dec/14
Slovenia 10.30 Sep/16
Tanzania 10.30 Dec/14
Barbados 10.10 Jun/16
Belize 10.10 Dec/15
France 10.00 Sep/16
Algeria 9.90 Apr/16
Euro Area 9.80 Oct/16
Costa Rica 9.70 Sep/16
Morocco 9.60 Sep/16
Latvia 9.50 Sep/16
Mongolia 9.40 Sep/16
Ukraine 9.30 Jun/16
Slovakia 9.10 Oct/16
Austria 9.00 Nov/16
Paraguay 8.90 Jun/16
Suriname 8.90 Dec/15
Argentina 8.50 Sep/16
Colombia 8.30 Oct/16
European Union 8.30 Oct/16
Mali 8.20 Dec/14
Poland 8.20 Oct/16
Finland 8.10 Oct/16
Belgium 7.90 Oct/16
Fiji 7.90 Dec/14
Bulgaria 7.70 Sep/16
Burundi 7.70 Dec/12
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Estonia 7.50 Sep/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Ireland 7.30 Nov/16
Venezuela 7.30 Apr/16
Lithuania 7.20 Sep/16
Oman 7.20 Dec/14
Mauritius 7.10 Jun/16
Uruguay 7.10 Oct/16
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Togo 6.90 Dec/13
Canada 6.80 Nov/16
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Ecuador 6.70 Sep/16
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Malawi 6.60 Dec/13
Chile 6.40 Oct/16
Lebanon 6.40 Dec/14
Sweden 6.40 Oct/16
Luxembourg 6.30 Oct/16
Peru 6.20 Oct/16
Pakistan 5.90 Dec/15
Romania 5.80 Oct/16
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Australia 5.60 Oct/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Netherlands 5.60 Oct/16
Panama 5.60 Dec/16
Philippines 5.40 Sep/16
Russia 5.40 Oct/16
Ivory Coast 5.30 Dec/13
Ghana 5.20 Dec/13
Azerbaijan 5.00 Dec/15
Czech Republic 5.00 Oct/16
India 4.90 Dec/13
Kazakhstan 4.90 Oct/16
Malta 4.90 Jun/16
New Zealand 4.90 Sep/16
Norway 4.80 Sep/16
United Kingdom 4.80 Sep/16
Hungary 4.70 Oct/16
Sri Lanka 4.60 Jun/16
United States 4.60 Nov/16
Israel 4.50 Oct/16
Bangladesh 4.30 Dec/14
Denmark 4.20 Oct/16
Seychelles 4.20 Dec/15
United Arab Emirates 4.20 Dec/12
Germany 4.10 Oct/16
North Korea 4.10 Dec/14
China 4.04 Sep/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Taiwan 3.90 Oct/16
Liberia 3.80 Dec/14
Trinidad and Tobago 3.80 Mar/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Mexico 3.70 Oct/16
South Korea 3.70 Oct/16
Malaysia 3.50 Sep/16
Hong Kong 3.40 Oct/16
Sierra Leone 3.30 Dec/14
Switzerland 3.20 Oct/16
Guatemala 3.10 Jun/16
Japan 3.00 Oct/16
Nepal 3.00 Dec/14
Iceland 2.90 Oct/16
Moldova 2.90 Sep/16
Bhutan 2.60 Dec/15
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.30 Sep/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Oct/16
Singapore 2.10 Sep/16
Vietnam 2.06 Jun/16
Macau 1.90 Oct/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.20 Oct/16
Belarus 1.00 Dec/15
Benin 1.00 Dec/13
Cambodia 0.50 Dec/15
Qatar 0.20 Dec/15