Among European Union countries in December 2024, Spain had the highest unemployment rate at 10.6 percent, followed by Greece at 9.4 percent. By contrast, Czechia has the lowest unemployment rate in Europe, at 2.6 percent. The overall rate of unemployment in the European Union was 5.9 percent in the same month - a historical low-point for unemployment in the EU, which had been at over 10 percent for much of the 2010s.

The statistic reflects the seasonally adjusted unemployment rate in member states of the European Union in November 2024. The seasonally adjusted unemployment rate in Spain in November 2024 was 11.2 percent.The unemployment rate represents the share of the unemployed in all potential employees available to the job market. Unemployment rates in the EU The unemployment rate is an important measure of a country or region’s economic health, and despite unemployment levels in the European Union falling slightly from a peak in early 2013 , they remain high, especially in comparison to what the rates were before the worldwide recession started in 2008. This confirms the continuing stagnation in European markets, which hits young job seekers particularly hard as they struggle to compete against older, more experienced workers for a job, suffering under jobless rates twice as high as general unemployment. Some companies, such as Microsoft and Fujitsu, have created thousands of jobs in some of the countries which have particularly dire unemployment rates, creating a beacon of hope. However, some industries such as information technology, face the conundrum of a deficit of qualified workers in the local unemployed work force, and have to hire workers from abroad instead of helping decrease the local unemployment rates. This skills mismatch has no quick solution, as workers require time for retraining to fill the openings in the growing science-, technology-, or engineering-based jobs, and too few students choose degrees that would help them obtain these positions. Worldwide unemployment also remains high, with the rates being worst in the Middle East and North Africa. Estimates by the International Labour Organization predict that the problem will stabilize in coming years, but not improve until at least 2017.

This dataset provides values for UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the seasonally adjusted youth unemployment rate in EU member states as of November 2024. The source defines youth unemployment as unemployment of those younger than 25 years. In November 2024, the seasonally adjusted youth unemployment rate in Spain was at 26.6 percent. Youth unemployment rate in EU member states Unemployment is a crucial economic factor for a country; youth unemployment is often examined separately because it tends to be higher than unemployment in older age groups. It comprises the unemployment figures of a country’s labor force aged 15 to 24 years old (i.e. the earliest point at which mandatory school education ends). Typically, teenagers and those in their twenties who are fresh out of education do not find jobs right away, especially if the country’s economy is experiencing difficulties, as can be seen above. Additionally, it also tends to be higher in emerging markets than in industrialized nations. Worldwide, youth unemployment figures have not changed significantly over the last decade, nor are they expected to improve in the next few years. Youth unemployment is most prevalent in the Middle East and North Africa, even though these regions report high unemployment figures regardless (Zimbabwe and Turkmenistan are among the countries with the highest unemployment rates in the world, for example), and are also highly populated areas with a rather weak infrastructure, compared to industrialized regions. In the European Union and the euro area, unemployment in general has been on the rise since 2008, which is due to the economic crisis which caused bankruptcy and financial trouble for many employers, and thus led to considerable job loss, less job offerings, and consequently, to a rise of the unemployment rate. Older workers are struggling to find new jobs despite their experience, and young graduates are struggling to find new jobs, because they have none. All in all, the number of unemployed persons worldwide is projected to rise, this is not down to the economic crisis alone, but also the industrial automation of processes previously performed by workers, as well as rising population figures.

This dataset provides values for YOUTH UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As of June 2024, Spain had the highest youth unemployment rate in Europe, at 25.8 percent, with Sweden having the second-highest youth unemployment rate as of this month, at 23.8 percent. Across the 27 member states of the European Union, the overall youth unemployment rate was 14.6 percent, with Germany having the lowest youth unemployment rate of 6.8 percent.

In 2023, the unemployment rate of Europe's five largest economies ranged from 3.3 percent in Germany, to 12.1 percent in Spain. Throughout this provided time period, unemployment has consistently been lowest in Germany, and with the exception of 2005, 2006, and 2007, highest in Spain, when Germany briefly had a higher unemployment rate.

Key information about EU Unemployment Rate

• EU Unemployment Rate remained the same at 5.80% in Jan 2025, from the previously reported figure of 5.80% in Dec 2024.
• EU Unemployment Rate is updated monthly, available from Jan 2000 to Jan 2025, with an average rate of 9.30%.
• The data reached an all-time high of 11.70% in May 2013 and a record low of 5.80% in Jan 2025.
• The data is reported by reported by Eurostat.
• In the latest reports, EU Population reached 449.31 million people in Dec 2023.

Unemployment in the European Union has reached its low point in the twenty-first century in 2024. The share of the labour force out of work was slighly under 5.9 percent between August and November of that year, a marked decrease from its most recent peak of 7.8 percent in the Summer of 2020. While the jobs recovery has been strong in the wake of the Coronavirus pandemic in the EU, this number is still far above the remarkably low rate in the United States, which has reached 4.3 percent in 2024. Nevertheless, this recent decline is a positive development for the EU countries, many of which have long suffered from chronic unemployment issues. In some regional labour markets in the EU, the issue is now less of people who can't find work, but employers who cannot find employees, leading to labour shortages. The sick men of Europe Several EU member states have long had high unemployment rates, with the large numbers of people in long-term unemployment being particularly concerning. Italy, France, Greece, Spain, and Portugal have all had double-digit unemployment rates for significant amounts of time during this period, with the ability of people to freely migrate to other EU countries for work only marginally decreasing this. While these countries have long dealt with these issues due to their declining legacy industries and the struggle of competing in a liberalized, globalized economy, their unemployment rates reached their highest points following the global financial crisis, great recession, and Eurozone crisis. These interconnected crises led to a period of prolonged stagnation in their economies, with unemployment reaching as high as 25 percent in Greece, the worst affected economy.

Graph and download economic data for Youth Unemployment Rate for Developing Countries in Europe and Central Asia (SLUEM1524ZSECA) from 1991 to 2023 about Central Asia, Europe, unemployment, and rate.

This dataset provides values for U6 UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

EU Unemployment Rate: Euro Area data was reported at 8.000 % in Jun 2018. This records a decrease from the previous number of 8.200 % for May 2018. EU Unemployment Rate: Euro Area data is updated monthly, averaging 9.000 % from Jan 1983 (Median) to Jun 2018, with 426 observations. The data reached an all-time high of 12.700 % in Feb 2013 and a record low of 7.200 % in Jul 2008. EU Unemployment Rate: Euro Area data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s EU – Table EU.G010: Eurostat: Unemployment Rate.

In 2023, Czechia and Poland had the lowest unemployment rate among Central and Eastern European (CEE) countries, at 2.6 percent and 2.8 percent, respectively. On the other hand, the highest unemployment rate was recorded in Lithuania and Latvia. The average unemployment rate in all European Union member states amounted to six percent in this period.

This dataset provides values for LONG TERM UNEMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Since the oil price shock in 1974 unemployment increased significantly and also did not really decline in periods of economic upswings in Europe. This is especially the case for the countries of the European Union; therefore we face a special need for explanation. Looking at the member states on finds considerable differences. Since 1977 the unemployment rate within the EU is higher than the average unemployment rate of all OECD countries. The economic upswing in the second half of the 80s relaxed the labor market but nevertheless the unemployment rate remained on a high level. This study deals with the development of unemployment between 1974 and 1993 in four different G7 countries: Germany, France, Great Britain and Italy.

Besides the common trend of an increasing unemployment rate, there are significantly different developments within the four countries. The analysis is divided in two parts: the first part looks at the reasons for the increase in unemployment in the considered countries; the second part aims to explain the difference between the developments of unemployment during economic cycles in the different countries.

After the description of similarities and differences of labor markets in the four countries it follows a long term analysis based on annual data as well as a short and medium term analysis on quarterly data. This is due to the fact that short and medium term developments are mainly influenced by cyclical economic developments but long term developments are mainly influenced by other factors like demographical and structural changes. A concrete question within this framework is if an increase in production potential can contribute to a decrease in unemployment.

For the long term analysis among others the Hysteresis-hypothesis (Hysteresis = Greek: to remain; denotes the remaining effect; in this context: remaining of unemployment) used for the explanation of the persistence of a high unemployment rate.

According to this approach consisting unemployment is barely decreased after economic recovery despite full utilization of capacity. According to the Hysteresis-hypothesis there are two reasons for this. The first reason is that for long term unemployed the abilities to work and the qualification level decreased, their human capital is partly devalued. The second reason is that employees give up wage restraint, because they do not fear unemployment anymore and therefore enforce higher real wages. Besides economic recovery companies are not willing to hire long term unemployed with a lower expected productivity for the higher established tariff wages. In the context of the empirical investigation a multiple explanatory approach is chosen which takes supply side and demand side factors into consideration.

The short and medium term analysis refers to Okun´s law (=an increase in the unemployment rate is connected with a decrease of the GDP; if the unemployment rate stays unchanged, the GDP grows with 3% p.a.) and aims to analyze more detailed the reactions of unemployment to economic cycles. A geometrical lag-model is compared with a lag-model ager Almon. This should ensure a precise as possible analysis of the Okun´s relations and coefficients.

Register of tables in HISTAT:

A.: Unemployment in the European G7 countries B.: Analysis of unemployment in the Federal Republic of Germany C.: Basic numbers: International comparison

A.: Unemployment in the European G7 countries A.1. Determinates of unemployment in the EU, Germany (1974-1993) A.2. Determinates of unemployment in the EU, France (1974-1993) A.3. Determinates of unemployment in the EU, Great Britain (1974-1993) A.4. Determinates of unemployment in the EU, Italy (1974-1993)

B: Analysis of unemployment in the Federal Republic of Germany B.1. Growth of unemployment in the Federal Republic of Germany (1984-1991) B.2. Output and unemployment in the Federal Republic of Germany (1961-1990)

C: Basic numbers: International comparison C.1. Unemployment in EU countries, the USA, Japan and Switzerland (1960-1996) C.2. Gainful employments in EU countries, the USA, Japan and Switzerland (after inland and residency concept) (1960-1996) C.3. Employees in EU countries, the USA and Japan (1960-1996) C.4. Population in EU countries, the USA and Japan (1960-1996)

Graph and download economic data for Unemployment Rate: Aged 15-74: Females for the Euro Area (19 Countries) (LRUN74FEEZQ156N) from Q1 1993 to Q4 2022 about 15 to 74 years, females, Euro Area, Europe, unemployment, and rate.

Graph and download economic data for Unemployment Rate: Aged 15-24: All Persons for the Euro Area (19 Countries) (LRUN24TTEZA156N) from 2005 to 2022 about 15 to 24 years, Euro Area, Europe, unemployment, and rate.

European Union Unemployment Rate: Euro Area 20 data was reported at 6.500 % in Jan 2025. This records an increase from the previous number of 6.200 % for Dec 2024. European Union Unemployment Rate: Euro Area 20 data is updated monthly, averaging 8.800 % from Jan 2000 (Median) to Jan 2025, with 301 observations. The data reached an all-time high of 12.900 % in Feb 2013 and a record low of 6.100 % in Nov 2024. European Union Unemployment Rate: Euro Area 20 data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.G013: Eurostat: Unemployment Rate.

This dataset provides values for UNEMPLOYMENT RATE (15 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.