01.Sep .2021 21:00

EU Unemployment at 6.9%

EU Unemployment at 6.9%
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In July 2021, the euro area seasonally-adjusted unemployment rate was 7.6%, down from 7.8% in June 2021 and from 8.4% in July 2020. The EU unemployment rate was 6.9% in July 2021, down from 7.1% in June 2021 and from 7.6% in July 2020. These figures are published by Eurostat, the statistical office of the European Union.
 
Eurostat estimates that 14.613 million men and women in the EU, of whom 12.334 million in the euro area, were unemployed in July 2021. Compared with June 2021, the number of persons unemployed decreased by 430 000 in the EU and by 350 000 in the euro area. Compared with July 2020, unemployment decreased by 1.521 million in the EU and by 1.336 million in the euro area.

In July 2021, 2.854 million young persons (under 25) were unemployed in the EU, of whom 2.339 million were in the euro area. In July 2021, the youth unemployment rate was 16.2% in the EU and 16.5% in the euro area, down from 16.9% and 17.2% respectively in the previous month.

Compared with June 2021, youth unemployment decreased by 151 000 in the EU and by 140 000 in the euro area. Compared with July 2020, youth unemployment decreased by 420 000 in the EU and by 360 000 in the euro area.

In July 2021, the unemployment rate for women was 7.3% in the EU, down from 7.5% in June 2021. The unemployment rate for men was 6.5% in July 2021, down from 6.7% in June 2021. In the euro area, the unemployment rate for women decreased from 8.3% in June 2021 to 8.1% in July 2021, while the unemployment rate for men decreased from 7.3% in June 2021 to 7.1% in July 2021.