30.Sep .2022 21:00

EU Unemployment at 6.0%

EU Unemployment at 6.0%
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In August 2022, the euro area seasonally-adjusted unemployment rate was 6.6%, stable compared with July 2022 and down from 7.5% in August 2021. The EU unemployment rate was 6.0% in August 2022, also stable compared with July 2022 and down from 6.8% in August 2021. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 12.921 million men and women in the EU, of whom 10.966 million in the euro area, were unemployed in August 2022. Compared with July 2022, the number of persons unemployed decreased by 52 000 in the EU and by 30 000 in the euro area. Compared with August 2021, unemployment decreased by 1.682 million in the EU and by 1.358 million in the euro area. 

Youth unemployment

In August 2022, 2.614 million young persons (under 25) were unemployed in the EU, of whom 2.136 million were in the euro area. In August 2022, the youth unemployment rate was 13.8% in the EU, stable compared with the previous month, and 13.9% in the euro area, down from 14.0% in July 2022. Compared with August 2021, youth unemployment decreased by 293 thousand in the EU and by 234 thousand in the euro area.

Unemployment by sex

In August 2022, the unemployment rate for women was 6.4% in the EU, stable compared with July 2022. The unemployment rate for men was 5.7% in August 2022, also stable compared with the previous month. In the euro area, the unemployment rate for women was 7.0% and the unemployment rate for men was 6.2%, both stable compared with the previous month.