In April 2020, the second month after COVID-19 containment measures were implemented by most Member States, the euro area seasonally-adjusted unemployment rate was 7.3%, up from 7.1% in March 2020. The EU unemployment rate was 6.6% in April 2020, up from 6.4% in March 2020. Eurostat estimates that 14.079 million men and women in the […]
Inflation and unemployment in the Euro area – November 2019
Euro area annual inflation is expected to be 1.0% Euro area annual inflation is expected to be 1.0% in November 2019, up from 0.7% in October according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected […]
What the European Union is doing for youth employment
On the occasion of the International Youth Day, celebrated yesterday August 12th, we will review all the actions carried out by the European Union to combat youth unemployment and encourage professional development of the youngest. In November 2018 there were 3.4 million unemployed young people (under 25) in the EU-28, i.e. 15.2%, compared to 16.1% […]
May 2019 – Euro area unemployment at 7.5% – EU28 at 6.3%
The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in May 2019, down from 7.6% in April 2019 and from 8.3% in May 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in May 2019, down from 6.4% in April 2019 and from 6.9% in May 2018. This is the […]