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

The jobless rate in the Euro Area declined to 9.6 percent in December of 2016 from a downwardly revised 9.7 percent in November and below market expectations of 9.8 percent. It is the lowest unemployment rate since May of 2009. A year earlier, it was higher at 10.5 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.

Euro Area Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-01 10:00 AM Oct 9.8% 9.9% 10% 10%
2017-01-09 10:00 AM Nov 9.8% 9.8% 9.8% 9.7%
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%
2017-04-03 09:00 AM Feb 9.6%
2017-05-02 09:00 AM Mar 9.5%




Eurozone Unemployment Rate At Near 8-Year Low Of 9.6%


The jobless rate in the Euro Area declined to 9.6 percent in December of 2016 from a downwardly revised 9.7 percent in November and below market expectations of 9.8 percent. It is the lowest unemployment rate since May of 2009. A year earlier, it was higher at 10.5 percent.

The EU28 unemployment rate was 8.2 percent in December 2016, stable compared to November 2016 and down from 9 percent in December 2015. This remains the lowest rate recorded in the EU28 since February 2009.

Eurostat estimates that 20.065 million men and women in the EU28, of whom 15.571 million were in the euro area, were unemployed in December 2016. Compared with November 2016, the number of persons unemployed decreased by 159 000 in the EU28 and by 121 000 in the euro area. Compared with December 2015, unemployment fell by 1.839 million in the EU28 and by 1.256 million in the euro area.

Among the Member States, the lowest unemployment rates in December 2016 were recorded in the Czech Republic (3.5 percent) and Germany (3.9 percent). The highest unemployment rates were observed in Greece (23.0 percent in October 2016) and Spain (18.4 percent).

Compared with a year ago, the unemployment rate in December 2016 fell in twenty-four Member States, while it increased in Cyprus (from 13.1 percent to 14.3 percent), Italy (from 11.6 percent to 12.0 percent), Estonia (from 6.6 percent to 6.7 percent between November 2015 and November 2016) and Denmark (from 6.1 percent to 6.2 percent). The largest decreases were registered in Croatia (from 15.0 percent to 11.4 percent), Spain (from 20.7 percent to 18.4 percent) and Portugal (from 12.2 percent to 10.2 percent).

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
1/31/2017 10:30:42 AM



Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.60 9.70 12.10 7.20 percent [+]
Unemployed Persons 15452.00 15781.00 19157.00 11336.00 Thousand [+]
Employed Persons 153.45 153.13 153.45 117.36 Million [+]
Long Term Unemployment Rate 4.80 5.00 6.30 2.70 percent [+]
Youth Unemployment Rate 20.90 21.00 24.70 14.90 percent [+]
Productivity 103.40 103.20 103.40 82.60 Index Points [+]
Labour Costs 102.60 109.30 110.50 84.80 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 1.60 0.90 3.40 0.90 percent [+]
Population 339.89 338.52 339.89 260.38 Million [+]
Full Time Employment 113544.60 112069.90 118857.50 107450.40 Thousand [+]
Employment Change 0.20 0.40 0.80 -0.70 percent [+]
Part Time Employment 30655.90 30947.70 30947.70 19769.20 Thousand [+]
Labor Force Participation Rate 57.20 57.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.60 9.70 12.10 7.20 1995 - 2016 percent Monthly
SA



Last
Djibouti 54.00 Dec/10
Congo 46.10 Dec/13
Bosnia and Herzegovina 40.90 Nov/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
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
Macedonia 23.40 Sep/16
Greece 23.00 Nov/16
Equatorial Guinea 22.30 Dec/09
Montenegro 22.05 Jan/17
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 18.10 Sep/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Iraq 16.40 Dec/14
Jordan 15.80 Dec/16
Tunisia 15.50 Sep/16
Croatia 15.40 Jan/17
Albania 15.20 Sep/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Eritrea 14.50 Dec/84
Cyprus 14.30 Dec/16
Dominican Republic 14.00 Sep/15
Nigeria 13.90 Sep/16
Serbia 13.80 Sep/16
Sao Tome and Principe 13.60 Dec/12
Senegal 13.40 Dec/15
Zambia 13.30 Dec/14
Rwanda 13.20 Feb/16
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
Cape Verde 12.40 Dec/15
Egypt 12.40 Dec/16
Puerto Rico 12.10 Dec/16
Turkey 12.10 Nov/16
Brazil 12.00 Dec/16
Georgia 12.00 Dec/15
Italy 12.00 Dec/16
South Sudan 12.00 Dec/08
Maldives 11.60 Dec/14
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Slovenia 10.80 Dec/16
Uzbekistan 10.70 Dec/13
Austria 10.60 Jan/17
Algeria 10.50 Sep/16
Portugal 10.50 Dec/16
Turkmenistan 10.50 Dec/14
Tanzania 10.30 Dec/14
Barbados 10.20 Sep/16
Belize 10.10 Dec/15
France 10.00 Dec/16
Euro Area 9.60 Dec/16
Costa Rica 9.50 Dec/16
Morocco 9.40 Dec/16
Latvia 9.30 Dec/16
Finland 9.20 Jan/17
Ukraine 9.20 Sep/16
Suriname 8.90 Dec/15
Colombia 8.70 Dec/16
Lithuania 8.70 Jan/17
Mongolia 8.60 Dec/16
Poland 8.60 Jan/17
Slovakia 8.60 Jan/17
Argentina 8.50 Sep/16
European Union 8.20 Dec/16
Mali 8.20 Dec/14
Bulgaria 8.00 Dec/16
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Uruguay 7.70 Dec/16
Belgium 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Mauritius 7.60 Sep/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Sweden 7.30 Jan/17
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Peru 7.20 Jan/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Paraguay 6.90 Sep/16
Togo 6.90 Dec/13
Canada 6.80 Jan/17
Haiti 6.80 Dec/14
Ireland 6.80 Jan/17
Nicaragua 6.80 Dec/14
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Lebanon 6.40 Dec/14
Luxembourg 6.20 Jan/17
Chile 6.10 Dec/16
Pakistan 5.90 Dec/15
Australia 5.70 Jan/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
Russia 5.60 Jan/17
Romania 5.50 Dec/16
Czech Republic 5.30 Jan/17
Ivory Coast 5.30 Dec/13
Netherlands 5.30 Jan/17
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Jan/17
Malta 4.80 Sep/16
United Kingdom 4.80 Dec/16
United States 4.80 Jan/17
Philippines 4.70 Dec/16
Sri Lanka 4.50 Sep/16
Hungary 4.40 Dec/16
Norway 4.40 Dec/16
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Dec/16
Israel 4.30 Jan/17
Seychelles 4.20 Dec/15
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 Dec/16
Taiwan 3.84 Jan/17
Liberia 3.80 Dec/14
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Switzerland 3.70 Jan/17
Iceland 3.60 Jan/17
South Korea 3.60 Jan/17
Malaysia 3.50 Dec/16
Mexico 3.40 Dec/16
Hong Kong 3.30 Jan/17
Sierra Leone 3.30 Dec/14
Guatemala 3.10 Jun/16
Japan 3.10 Dec/16
Nepal 3.00 Dec/14
Moldova 2.90 Sep/16
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.40 Nov/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Dec/16
Singapore 2.20 Dec/16
Vietnam 2.14 Sep/16
Macau 1.90 Dec/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.20 Jan/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16