Europe unemployment rate


Europe unemployment rate: 5.9 (-1.67%)
Last Update: August 31, 2024

Europe unemployment rate closed down 5.9 as of August 31, 2024 from 6 from the previous month and 6 from last year.


Europe unemployment rate Analytics & Data




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Europe unemployment rate

Date Values
2024-08-31 5.9
2024-07-31 6
2024-06-30 6
2024-05-31 6
2024-04-30 6
2024-03-31 6
2024-02-29 6.1
2024-01-31 6.1
2023-12-31 6.1
2023-11-30 6.1
2023-10-31 6.1
2023-09-30 6.1
2023-08-31 6
2023-07-31 6
2023-06-30 6
2023-05-31 6
2023-04-30 6
2023-03-31 6
2023-02-28 6.1
2023-01-31 6.1
2022-12-31 6.1
2022-11-30 6.1
2022-10-31 6.1
2022-09-30 6.1

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Europe unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate eu.unemploymentrate 5.9 6 -2 -2 Down Down 52 2024-08-31

Europe unemployment rate Quantitative Analysis, Charts & Factors

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Europe unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Europe unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Europe unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Europe unemployment rate

The unemployment rate in Europe refers to the percentage of people in the labor force who are actively seeking employment but are unable to find a job. This rate is an important economic indicator as it reflects the health of the labor market and the overall economy. High unemployment rates can indicate a lack of job opportunities, economic instability, and can have negative social and economic consequences. Governments and policymakers closely monitor the unemployment rate to implement strategies and policies to stimulate job growth and reduce unemployment. Additionally, the unemployment rate can vary significantly between different countries in Europe due to factors such as economic conditions, government policies, and labor market dynamics.

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