Euro Area: Unemployment rate stable in July

Euro Area Unemployment July 2023

Euro Area: Unemployment rate stable in July

The seasonally adjusted unemployment rate came in at 6.4% in July, unchanged from June.

Seven economies saw their unemployment rates stable in July, including Germany. Meanwhile, five economies saw their unemployment rates decrease, including Spain, while eight economies saw their unemployment rates increase, including France, Italy and the Netherlands.

Significant disparities in labor market conditions between core and periphery countries persist. Spain (11.6%) and Greece (10.8%) are the economies with the highest unemployment rates. At the other end of the spectrum, Malta (2.5%) and Germany (2.9%) 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