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

The unemployment rate in the Euro Area fell to 9.5 percent in February 2017 from 9.6 percent in January and in line with market expectations. It was the lowest level since May 2009. A year earlier, the unemployment was higher at 10.3 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 April 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)
2017-01-31 10:00 AM Dec 9.6% 9.7% 9.8% 9.7%
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%
2017-05-31 09:00 AM Apr 9.4%
2017-07-03 09:00 AM May 9.4%




Eurozone Jobless Rate Falls To Near 8-Year Low Of 9.5%


The unemployment rate in the Euro Area dropped to 9.5 percent in February 2017 from 9.6 percent in January and in line with market expectations. It was the lowest level since May 2009. A year earlier, the unemployment was higher at 10.3 percent.

Compared with January 2017, the number of unemployed decreased by 140,000 to 15.439 million in the Euro Area. Compared with the previous year, it fell by 1.246 million.

Considering the European Union, the unemployment rate was 8 percent in February 2017, down from 8.1 percent in January and from 8.9 percent a year ago. This remains the lowest rate recorded in the EU28 since January 2009. There were 19.750 million people unemployed, a decrease of 153,000 from the previous month and of 1.852 from February 2016.

Among EU Member States, the lowest unemployment rates were recorded in the Czech Republic (3.4 percent), Germany (3.9 percent) and Malta (4.1 percent). The highest unemployment rates were observed in Greece (23.1 percent in December 2016) and Spain (18 percent). Compared with a year ago, the unemployment rate in February 2017 fell in twenty-six Member States, while it increased in Denmark (6.4 percent from 6 percent) and Lithuania (8.3 percent from 8 percent). The largest decreases were registered in Croatia (11.6 percent from 14.4 percent), Spain (18 percent from 20.5 percent), Portugal (10 percent from 12.2 percent) and Ireland (6.6 percent from 8.4 percent). 

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/3/2017 9:14:22 AM



Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 9.60 12.10 7.30 percent [+]
Employed Persons 153.88 153.45 153.88 117.36 Million [+]
Unemployed Persons 15318.00 15500.00 19157.00 11336.00 Thousand [+]
Long Term Unemployment Rate 4.80 5.00 6.30 2.70 percent [+]
Youth Unemployment Rate 19.40 19.80 24.70 14.90 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.60 12.10 7.30 1995 - 2017 percent Monthly
SA



Last
Djibouti 54.00 Dec/10
Congo 46.10 Dec/13
Bosnia and Herzegovina 40.58 Jan/17
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
Namibia 28.10 Dec/14
Republic of the Congo 26.60 Dec/10
South Africa 26.50 Dec/16
Angola 26.00 Dec/14
Palestine 25.70 Dec/16
Lesotho 25.30 Dec/08
Greece 23.50 Jan/17
Macedonia 23.10 Dec/16
Montenegro 22.52 Feb/17
Equatorial Guinea 22.30 Dec/09
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Spain 18.63 Dec/16
Armenia 17.40 Dec/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Senegal 16.60 Dec/16
Iraq 16.40 Dec/14
Jordan 15.80 Dec/16
Tunisia 15.50 Dec/16
Cape Verde 15.00 Dec/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Albania 14.50 Dec/16
Eritrea 14.50 Dec/84
Croatia 14.40 Mar/17
Nigeria 13.90 Sep/16
Sao Tome and Principe 13.60 Dec/12
Dominican Republic 13.30 Sep/16
Zambia 13.30 Dec/14
Brazil 13.20 Feb/17
Rwanda 13.20 Feb/16
Serbia 13.00 Dec/16
Turkey 13.00 Jan/17
Cyprus 12.90 Feb/17
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
Egypt 12.40 Dec/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Maldives 11.60 Dec/14
Italy 11.50 Feb/17
Puerto Rico 11.30 Feb/17
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Slovenia 10.90 Feb/17
Uzbekistan 10.70 Dec/13
Algeria 10.50 Sep/16
Colombia 10.50 Feb/17
Portugal 10.50 Dec/16
Tanzania 10.30 Dec/14
Barbados 10.20 Sep/16
Belize 10.10 Dec/15
France 10.00 Dec/16
Turkmenistan 10.00 Dec/15
Ukraine 10.00 Dec/16
Costa Rica 9.50 Dec/16
Euro Area 9.50 Feb/17
Morocco 9.40 Dec/16
Latvia 9.30 Dec/16
Finland 9.20 Feb/17
Austria 8.90 Mar/17
Suriname 8.90 Dec/15
Mongolia 8.60 Dec/16
Poland 8.50 Feb/17
Lithuania 8.30 Mar/17
Bulgaria 8.21 Feb/17
Mali 8.20 Dec/14
Uruguay 8.20 Feb/17
European Union 8.00 Feb/17
Slovakia 8.00 Mar/17
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Peru 7.70 Mar/17
Argentina 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Bolivia 7.40 Dec/13
Paraguay 7.40 Dec/16
Sweden 7.40 Feb/17
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Togo 7.10 Dec/14
Belgium 7.00 Feb/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/15
Brunei 6.90 Dec/14
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Canada 6.70 Mar/17
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Mauritius 6.60 Dec/16
Philippines 6.60 Mar/17
Chile 6.40 Feb/17
Ireland 6.40 Mar/17
Lebanon 6.40 Dec/14
Luxembourg 6.00 Mar/17
Pakistan 5.90 Dec/15
Australia 5.88 Mar/17
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Romania 5.40 Feb/17
Russia 5.40 Mar/17
Ivory Coast 5.30 Dec/13
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Netherlands 5.10 Mar/17
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Mar/17
Czech Republic 4.80 Mar/17
United Kingdom 4.70 Feb/17
Seychelles 4.50 Dec/16
United States 4.50 Mar/17
Hungary 4.40 Feb/17
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Feb/17
Israel 4.30 Feb/17
Malta 4.20 Dec/16
Norway 4.20 Jan/17
Sri Lanka 4.20 Dec/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.02 Dec/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Germany 3.90 Feb/17
Taiwan 3.84 Mar/17
Liberia 3.80 Dec/14
Moldova 3.80 Dec/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
South Korea 3.70 Mar/17
Malaysia 3.50 Feb/17
Switzerland 3.40 Mar/17
Sierra Leone 3.30 Dec/14
Hong Kong 3.20 Mar/17
Mexico 3.19 Mar/17
Guatemala 3.10 Jun/16
Iceland 3.10 Feb/17
Nepal 3.00 Dec/14
Japan 2.80 Feb/17
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.30 Dec/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Jan/17
Singapore 2.20 Dec/16
Vietnam 2.11 Dec/16
Macau 2.00 Feb/17
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.10 Feb/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16