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

The unemployment rate in the Euro Area declined to 8.8 percent in October of 2017 from 8.9 percent in September, below market expectations of 8.9 percent. It is the lowest unemployment rate since January of 2009. A year earlier, the jobless rate was much higher at 9.8 percent. Unemployment Rate in the Euro Area averaged 9.77 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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Euro Area Jobless Rate Falls Further to 8.8%


The unemployment rate in the Euro Area declined to 8.8 percent in October of 2017 from 8.9 percent in September and 9.8 percent in October 2016. It is the lowest jobless rate since January of 2009 as the number of unemployed persons declined.

The number of unemployed persons was 14.344 million, down by 88,000 from September and by 1.473 million from October of 2016.

Considering the whole European Union, the unemployment rate was 7.4 percent in October of 2017, down from 7.5 percent in September and 8.3 percent in October of 2016. This is the lowest rate recorded in the EU 28 since November of 2008. There were 18.243 million unemployed, down by 111,000 from September and by 2.074 million from a year earlier.

Among Member States, the lowest unemployment rates were recorded in the Czech Republic (2.7 percent), Malta (3.5 percent) and Germany (3.6 percent) while the highest were observed in Greece (20.6 percent in August 2017) and Spain (16.7 percent). Compared with a year ago, the unemployment rate fell in all Member States for which data is comparable over time, except Finland where it remained stable. The largest decreases were registered in Cyprus (from 13.1 percent to 10.2 percent) and Greece (from 23.4 percent to 20.6 percent between August 2016 and August 2017).

In October of 2017, 3.722 million young persons were unemployed in the EU 28, of whom 2.657 million were in the Euro Area. Compared with October of 2016, youth unemployment decreased by 380,000 in the EU 28 and by 201,000 in the Euro Area. The youth unemployment rate was 16.5 percent in the EU 28 and 18.6 percent in the Euro Area, compared with 18.2 percent and 20.3 percent respectively in October 2016. The lowest rates were observed in Germany (6.6 percent) and the Czech Republic (7.2 percent), while the highest were recorded in Greece (40.2 percent in August 2017), Spain (38.2 percent) and Italy (34.7 percent).

Eurostat | Joana Taborda |
11/30/2017 10:50:31 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-02 09:00 AM Unemployment Rate 9.1% 9.1% 9.0% 9%
2017-10-31 10:00 AM Unemployment Rate 8.9% 9.0% 9% 9%
2017-11-30 10:00 AM Unemployment Rate 8.8% 8.9% 8.9% 8.9%
2018-01-09 10:00 AM Unemployment Rate 8.8%
2018-01-31 10:00 AM Unemployment Rate
2018-03-01 10:00 AM Unemployment Rate


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.80 8.90 12.10 7.30 percent [+]
Unemployed Persons 14242.00 14402.00 19153.00 11368.00 Thousand [+]
Employed Persons 156.28 155.68 156.28 117.36 Million [+]
Long Term Unemployment Rate 4.40 4.70 6.30 2.70 percent [+]
Youth Unemployment Rate 18.60 18.70 24.70 14.80 percent [+]
Productivity 104.20 103.80 104.20 82.60 Index Points [+]
Labour Costs 111.10 100.40 112.30 85.10 Index Points [+]
Wage Growth 2.00 1.30 3.40 0.70 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 31435.80 31213.10 31435.80 19769.20 Thousand [+]
Labor Force Participation Rate 57.10 56.80 57.30 55.00 percent [+]
Full Time Employment 113328.90 111780.50 118857.50 107450.40 Thousand [+]
Retirement Age Men 64.54 64.47 64.63 62.37 [+]
Retirement Age Women 64.32 64.20 64.32 61.61 [+]


Euro Area Unemployment Rate

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.80 8.90 12.10 7.30 1995 - 2017 percent Monthly
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unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.20 Oct/17
Italy 11.10 Oct/17
Turkey 10.60 Sep/17
France 9.70 Sep/17
Euro Area 8.80 Oct/17
Canada 5.90 Nov/17
Indonesia 5.50 Sep/17
Australia 5.40 Nov/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Oct/17
United States 4.10 Nov/17
China 3.95 Sep/17
South Korea 3.70 Nov/17
Germany 3.60 Oct/17
Mexico 3.50 Oct/17
India 3.46 Dec/16
Switzerland 3.10 Nov/17
Japan 2.80 Oct/17