The Eurozone's seasonally adjusted unemployment rate held at 6.4% in July, matching June's revised reading and slightly above the 6.3% forecast. The number of unemployed was unchanged from June at 11.264 million. Meanwhile, youth unemployment stood edged down to near one-year low of 14.9% from 15% in the prior month, with 2.371 million young people under 25 unemployed. Among the major economies in the bloc, Spain (10%), France (8.3%), and Italy (7.8%) recorded the highest rates, whereas Germany (4%) and the Netherlands (4%) posted the lowest rates. A year ago, the jobless rate was slightly lower at 6.3%. In the broader European Union, the unemployment rate remained unchanged for the sixth consecutive month at 6.1%. source: EUROSTAT
Unemployment Rate In the Euro Area remained unchanged at 6.40 percent in July. Unemployment Rate in Euro Area averaged 9.12 percent from 1995 until 2026, reaching an all time high of 12.30 percent in February of 2013 and a record low of 6.20 percent in October of 2024. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Unemployment Rate In the Euro Area remained unchanged at 6.40 percent in July. Unemployment Rate in Euro Area is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Unemployment Rate is projected to trend around 6.40 percent in 2027, according to our econometric models.