In March 2022, the euro area seasonally-adjusted unemployment rate was 6.8%, down from 6.9% in February 2022 and from 8.2% in March 2021. The EU unemployment rate was 6.2% in March 2022, down from 6.3% in February 2022 and from 7.5% in March 2021. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 13.374 million men and women in the EU, of whom 11.274 million in the euro area, were unemployed in March 2022. Compared with February 2022, the number of persons unemployed decreased by 85 000 in the EU and by 76 000 in the euro area. Compared with March 2021, unemployment decreased by 2.359 million in the EU and by 1.931 million in the euro area.
Youth unemployment
In March 2022, 2.579 million young persons (under 25) were unemployed in the EU, of whom 2.098 million were in the euro area. In March 2022, the youth unemployment rate was 13.9% in both the EU and in the euro area, down from 14.0% in both areas in the previous month. Compared with March 2021, youth unemployment decreased by 623 000 in the EU and by 507 000 in the euro area.
Unemployment by sex
In March 2022, the unemployment rate for women was 6.6% in the EU, stable compared with February 2022. The unemployment rate for men was 5.9% in March 2022, down from 6.0% in February 2022. In the euro area, the unemployment rate for women decreased from 7.3% in February 2022 to 7.2% in March 2022, while the unemployment rate for men remained stable at 6.5% in March 2022.