Euro Area: Unemployment rate stable in April

Euro Area Unemployment April 2022

Euro Area: Unemployment rate stable in April

The unemployment rate remained stable at March’s record-low of 6.8% in April.

Looking at countries, four economies saw their unemployment rates stable in April, including Germany and Italy. Meanwhile, 10 economies saw their unemployment rates decrease, including France, the Netherlands and Spain, while five economies saw their unemployment rates increase.

Disparities in the labor market among core and periphery countries persist. Spain (13.3%) and Greece (12.7%) are the economies with the highest unemployment rates. At the other end of the spectrum, Germany (3.0%) and Malta (3.1%) have the lowest unemployment rates.

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