Euro Area: Unemployment rate stable in December

Euro Area Unemployment December 2023

Euro Area: Unemployment rate stable in December

The seasonally adjusted unemployment rate came in at 6.4% in December, unchanged from November.

10 economies saw their unemployment rates remain stable in December, including France and Germany. Meanwhile, five economies saw their unemployment rates decrease, including Italy and Spain, while five economies saw their unemployment rates increase, including the Netherlands.

Significant disparities in labor market conditions between core and periphery countries persist. Spain is the economy with the highest unemployment rate of 11.7%, followed at some distance by Greece (9.2%). At the other end of the spectrum, Malta (24%) and Germany (3.1%) 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