Euro Area: Unemployment rate stable at all-time low in December

Euro Area Unemployment December 2022

Euro Area: Unemployment rate stable at all-time low in December

The seasonally adjusted unemployment rate was stable at Novembers all-time low of 6.6% in December.

Six economies had stable unemployment rates in December, including Italy. Eight economies saw their unemployment rates decrease, including Germany and the Netherlands, while five economies saw their unemployment rates increase, including France and Spain.

Significant disparities in labor market conditions between core and periphery countries persist. Spain (13.1%) and Greece (11.6%) are the economies with the highest unemployment rates. At the other end of the spectrum, Germany (2.9%) and Malta (3.2%) have the lowest unemployment rates.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest