Lowest recorded unemployment rate in EU since 2009 – Greece remains first

Lowest recorded unemployment rate in EU since 2009 – Greece remains first

The euro area, the 19 countries of Eurozone, seasonally-adjusted unemployment rate was 9.1% in June 2017, down from 9.2% in May 2017 and down from 10.1% in June 2016. This is the lowest rate recorded in the euro area since February 2009.

The EU28 unemployment rate was 7.7% in June 2017, stable compared to May 2017 and down from 8.6% in June 2016. This remains the lowest rate recorded in the EU28 since December 2008. These figures were published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 18.725 million men and women in the EU28, of whom 14.718 million in the euro area, were unemployed in June 2017. Compared with May 2017, the number of persons unemployed decreased by 183 000 in the EU28 and by 148 000 in the euro area. Compared with June 2016, unemployment fell by 2.368 million in the EU28 and by 1.667 million in the euro area.

Among the Member States, the lowest unemployment rates in June 2017 were recorded in the Czech Republic (2,9%), Germany (3.8%) and Malta (4.1%). The highest unemployment rates were observed in Greece (21.7% in April 2017) and Spain (17.1%).

Compared with a year ago, the unemployment rate fell in all Member States for which data is comparable over time, except Estonia which showed an increase (from 6.5% in May 2016 to 6.9% in May 2017). The largest decreases were registered in Spain (from 19.9% to 17.1%) and Croatia (from 13.3% to 10.6%)./IBNA