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

The seasonally adjusted unemployment rate in the Euro Area came in at 10.1 percent in July 2016 unchanged from the June rate and down from 10.8 percent a year earlier. The figure came in above market expectations of 10 percent and remained at its lowest level since July 2011. Among the Member States, the lowest unemployment rates were recorded in Malta (3.9 percent) as well as in the Czech Republic and Germany (both 4.2 percent); while the highest unemployment rates were observed in Greece (23.5 percent in May 2016) and Spain (19.6 percent). 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. Unemployment Rate in the Euro Area is reported by the Eurostat.

Euro Area Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
10.10 10.10 12.10 7.20 1995 - 2016 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. 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-01 09:00 AM May 10.1% 10.2% 10.1% 10.1%
2016-07-29 09:00 AM Jun 10.1% 10.1% 10.1% 10.1%
2016-08-31 09:00 AM Jul 10.1% 10.1% 10.0% 10%
2016-09-30 09:00 AM Aug 10.1% 10% 10%
2016-11-03 10:00 AM Sep 10%
2016-12-01 10:00 AM Oct 9.9%

Eurozone Jobless Rate Unchanged at 10.1% in July


The seasonally adjusted unemployment rate in the Euro Area came in at 10.1 percent in July 2016 unchanged from the June rate and down from 10.8 percent a year earlier, remaining at the lowest level since July 2011. Meanwhile, markets were expecting the jobless rate to decline to 10 percent.

The EU28 unemployment rate was 8.6 percent, stable compared to June 2016 and down from 9.4 percent in July 2015. This remains the lowest rate recorded in the EU28 since March 2009.

Eurostat estimates that 21.063 million men and women in the EU28, of whom 16.307 million were in the euro area, were unemployed in July 2016. Compared with June 2016, the number of persons unemployed decreased by 29 000 in the EU28 and by 43 000 in the euro area. Compared with July 2015, unemployment fell by 1.688 million in the EU28 and by 1.034 million in the euro area.

Among the Member States, the lowest unemployment rates in July 2016 were recorded in Malta (3.9 percent) as well as in the Czech Republic and Germany (both 4.2 percent). The highest unemployment rates were observed in Greece (23.5 percent in May 2016) and Spain (19.6 percent). Compared with a year ago, the unemployment rate in July 2016 fell in twenty-four Member States, remained stable in Denmark, while it increased in Estonia (7 percent from 6.1 percent between June 2015 and June 2016), Austria (6 percent from 5.7 percent) and Belgium (8.3 percent from 8.1 percent). The largest decreases were registered in Cyprus (11.6 percent from 15 percent), Croatia (13.2 percent from 16.5 percent) and Spain (19.6 percent from 21.9 percent).

There were 4.276 million young persons (under 25) unemployed in the EU28, of whom 2.969 million were in the euro area. Compared with July 2015, youth unemployment decreased by 310 000 in the EU28 and by 136 000 in the euro area. The youth unemployment rate was 18.8 percent in the EU28 and 21.1 percent in the euro area, compared with 20.2 percent and 22.1 percent respectively in July 2015. The lowest rates were observed in Malta (7.1 percent) and Germany (7.2 percent), and the highest in Greece (50.3 percent in May 2016), Spain (43.9 percent) and Italy (39.2 percent).

Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/31/2016 10:50:30 AM

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 10.10 12.10 7.20 percent [+]
Unemployed Persons 16177.00 16155.00 19167.00 11295.00 Thousand [+]
Employed Persons 153.27 152.68 153.27 117.36 Million [+]
Long Term Unemployment Rate 5.20 5.40 6.30 2.70 percent [+]
Youth Unemployment Rate 21.10 20.80 24.70 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 110332.90 110932.50 118857.50 107443.80 Thousand [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 30925.70 30508.00 30925.70 19769.20 Thousand [+]
Labor Force Participation Rate 56.80 56.90 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 [+]




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Congo 46.10 Dec/13
Bosnia and Herzegovina 41.65 Jul/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
Swaziland 28.50 Dec/10
Namibia 28.10 Dec/14
Palestine 26.90 Jun/16
Republic of the Congo 26.60 Dec/10
South Africa 26.60 Jun/16
Angola 26.00 Dec/14
Lesotho 25.30 Dec/08
Macedonia 24.00 Jun/16
Greece 23.40 Jun/16
Equatorial Guinea 22.30 Dec/09
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Spain 20.00 Jun/16
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Armenia 18.00 Mar/16
Montenegro 17.32 Jul/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Iraq 16.40 Dec/14
Albania 15.90 Jun/16
Cape Verde 15.80 Dec/14
Tunisia 15.60 Jun/16
Serbia 15.20 Jun/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
Jordan 14.70 Jun/16
New Caledonia 14.60 Dec/14
Eritrea 14.50 Dec/84
Dominican Republic 14.00 Sep/15
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
Croatia 13.10 Aug/16
Mauritania 12.85 Dec/14
Egypt 12.50 Jun/16
Puerto Rico 12.10 Aug/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Iran 11.80 Mar/16
Brazil 11.60 Jul/16
Cyprus 11.60 Jul/16
Maldives 11.60 Dec/14
Italy 11.40 Jul/16
Zimbabwe 11.30 Dec/14
Algeria 11.20 Sep/15
East Timor 11.00 Dec/13
Portugal 10.80 Jun/16
Slovenia 10.80 Jul/16
Uzbekistan 10.70 Dec/13
Turkmenistan 10.50 Dec/14
Mongolia 10.40 Jun/16
Tanzania 10.30 Dec/14
Turkey 10.20 Jun/16
Barbados 10.10 Jun/16
Belize 10.10 Dec/15
Euro Area 10.10 Jul/16
France 9.90 Jun/16
Colombia 9.80 Jul/16
Latvia 9.50 Jun/16
Costa Rica 9.40 Jun/16
Slovakia 9.40 Aug/16
Argentina 9.30 Jun/16
Ukraine 9.30 Jun/16
Paraguay 8.90 Jun/16
Suriname 8.90 Dec/15
European Union 8.60 Jul/16
Morocco 8.60 Jun/16
Uruguay 8.60 Jul/16
Poland 8.50 Aug/16
Austria 8.30 Aug/16
Belgium 8.30 Jul/16
Ireland 8.30 Aug/16
Mali 8.20 Dec/14
Bulgaria 8.17 Jul/16
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Mauritius 7.61 Mar/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Lithuania 7.50 Aug/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Finland 7.20 Aug/16
Oman 7.20 Dec/14
Chile 7.10 Jul/16
Canada 7.00 Aug/16
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Togo 6.90 Dec/13
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Peru 6.80 Aug/16
Ecuador 6.68 Jun/16
Burkina Faso 6.60 Dec/14
Malawi 6.60 Dec/13
Sweden 6.60 Aug/16
Estonia 6.50 Jun/16
Lebanon 6.40 Dec/14
Luxembourg 6.40 Aug/16
Romania 6.10 Jul/16
Pakistan 5.90 Dec/15
Netherlands 5.80 Aug/16
Australia 5.60 Aug/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Saudi Arabia 5.60 Jun/16
Indonesia 5.50 Mar/16
Philippines 5.40 Sep/16
Czech Republic 5.30 Aug/16
Ivory Coast 5.30 Dec/13
Ghana 5.20 Dec/13
Russia 5.20 Aug/16
New Zealand 5.10 Jun/16
Azerbaijan 5.00 Dec/15
Kazakhstan 5.00 Aug/16
Norway 5.00 Jul/16
Hungary 4.90 Aug/16
India 4.90 Dec/13
Malta 4.90 Mar/16
United Kingdom 4.90 Jul/16
United States 4.90 Aug/16
Seychelles 4.70 Dec/14
Israel 4.60 Aug/16
Bangladesh 4.30 Dec/14
Denmark 4.20 Jul/16
Germany 4.20 Jul/16
Sri Lanka 4.20 Mar/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.05 Jun/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Mexico 4.00 Jul/16
Moldova 4.00 Jun/16
Taiwan 3.95 Aug/16
Liberia 3.80 Dec/14
South Korea 3.80 Aug/16
Trinidad and Tobago 3.80 Mar/16
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Malaysia 3.50 Jul/16
Hong Kong 3.40 Aug/16
Rwanda 3.40 Dec/12
Sierra Leone 3.30 Dec/14
Switzerland 3.20 Aug/16
Iceland 3.10 Aug/16
Japan 3.00 Jul/16
Nepal 3.00 Dec/14
Guatemala 2.70 Dec/15
Bhutan 2.60 Dec/15
Panama 2.50 Dec/15
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Kyrgyzstan 2.30 Jun/16
Tajikistan 2.30 Jun/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Singapore 2.10 Jun/16
Vietnam 2.06 Jun/16
Macau 1.90 Aug/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.01 Jul/16
Belarus 1.00 Dec/15
Benin 1.00 Dec/13
Cambodia 0.50 Dec/15
Qatar 0.20 Dec/15