Eurozone unemployment rate


Eurozone unemployment rate: 6.4 (0%)
Last Update: July 31, 2023

Eurozone unemployment rate closed down 6.4 as of July 31, 2023 from 6.4 from the previous month and 6.7 from last year.


Eurozone unemployment rate Analytics & Data




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Eurozone unemployment rate

Date Values
2023-07-31 6.4
2023-06-30 6.4
2023-05-31 6.5
2023-04-30 6.5
2023-03-31 6.5
2023-02-28 6.6
2023-01-31 6.6
2022-12-31 6.7
2022-11-30 6.7
2022-10-31 6.7
2022-09-30 6.7
2022-08-31 6.7
2022-07-31 6.7
2022-06-30 6.7
2022-05-31 6.7
2022-04-30 6.7
2022-03-31 6.8
2022-02-28 6.8
2022-01-31 6.9
2021-12-31 7


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Eurozone unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate ea.unemploymentrate 6.4 6.4 0 -4 Down Down 69 2023-05-31

Eurozone unemployment rate Factors

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What is the Eurozone unemployment rate

Eurozone Unemployment Rate: Current Data, Trends, and Analysis

Welcome to our webpage dedicated to providing you with the most up-to-date information on the Eurozone unemployment rate. Here, you will find current data, historical trends, and insightful analytics that will help you navigate the complex world of Eurozone employment.

Eurozone Unemployment Rate: What is it?

The Eurozone unemployment rate represents the percentage of unemployed individuals within the 19 member countries that form the euro area. It serves as a crucial economic indicator, reflecting the health of the labor market in this economic region. As such, it has profound implications for the overall performance of the Eurozone economy and the monetary policy decisions made by the European Central Bank (ECB).

Understanding the Unemployment Rate

The Eurozone unemployment rate is typically expressed as a percentage and is calculated by dividing the number of unemployed individuals by the total labor force. It provides valuable insights into the availability of jobs and the overall economic conditions within the Eurozone.

Interpreting the Eurozone Unemployment Rate

A high unemployment rate is often an indicator of an underperforming or struggling economy. It suggests that there are more individuals looking for work than there are available job opportunities. In contrast, a low unemployment rate may indicate a robust and prosperous economy.

However, it is important to note that interpreting the unemployment rate requires a holistic perspective, considering additional factors such as job creation, labor force participation rate, and demographic characteristics. Therefore, one should always analyze the unemployment rate in conjunction with other economic indicators to gain a comprehensive understanding of the labor market dynamics.

Data, Trends, and Signals

On our webpage, you have instant access to both current and historical data on the Eurozone unemployment rate. Our interactive charts provide a visual representation of the trends over time, allowing you to easily identify patterns and changes.

We also offer advanced analytics and signals through our MacroVar tool. This powerful tool utilizes cutting-edge algorithms to identify potential turning points, trends, and anomalies in the unemployment rate. With MacroVar, you can stay ahead of the curve and make informed decisions based on advanced analysis.

Export Historical Data for Free

For those looking to conduct further analysis or integrate the Eurozone unemployment rate into their own models, we provide a convenient feature to export historical data for free. This functionality enables you to download the data in various formats, ensuring compatibility with your preferred analytical tools.

Empower Your Decision-Making with MacroVar

In addition to the historical data exports, users can take advantage of our MacroVar platform to access extensive analysis, signals, and trends. MacroVar employs state-of-the-art methodologies to offer insightful and actionable information, empowering you to make informed decisions, whether you are an economist, investor, or researcher.

Start Exploring Now

Navigate the fascinating world of Eurozone unemployment rate with our comprehensive data, trends, and analytics. Understand the dynamics of the labor market, interpret trends correctly, and leverage the power of MacroVar for advanced analysis. Start exploring our webpage today and unlock new possibilities for data-driven decision-making.

Eurozone Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Eurozone ETF EZU 41.38 0.5 -1 -1.89076 47.7635 0.00681 0.01721 0.00048 0.17523
EUR/USD - Euro US Dollar EURUSD 0.9415 -0.5 1 1.09578 47.4366 -0.00486 -0.00549 -0.00665 -0.02577
Eurozone Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade ea.balanceoftrade 9971 5925 68 -134 UP UP 23 2023-10-31
bank lending rate ea.banks.lendingrate 5.18 4.95 5 189 UP UP 100 2023-06-30
business confidence ea.bizconfidence 0.19 0.51 -63 -89 Down Down 42 2022-06-30
capacity utilization ea.caputilization 79.4 80 -1 4 Down UP 74 2023-12-31
capital flows ea.capitalflows 45.92 45.3 1 -194 UP UP 18 2023-09-30
car registrations ea.carregistrations 785.58 803.25 -2 6 UP UP 66 2023-10-31
central bank balance sheet ea.cb.assets 7001070 6998870 0 -2 Down Down 64 2027-07-31
composite pmi ea.comppmi 47.1 46.5 1 -1 Down Down 67 2023-11-30
construction pmi ea.constrpmi 42.7 43.6 -2 -5 Down Down 42 2023-10-31
consumer confidence ea.consconfidence -16.9 -17.9 -6 -23 UP UP 30 2023-12-31
consumer confidence price trends ea.consconfidence.trends 11.4 12 -5 -51 Down Down 20 2023-12-31
consumer price index cpi ea.cpi 124.55 124.43 0 3 UP UP 57 2023-11-30
core inflation rate ea.coreinflationrate 4.2 4.5 -7 -16 Down Down 22 2023-10-31
current account ea.currentaccount 30.67 26.94 14 -254 UP UP 15 2023-10-31
current account to gdp ea.currentaccountgdp -0.7 2.3 -130 133 Down Down 0 2022-01-31
deposit interest rate ea.depositrate 3.75 3.5 7 0 UP UP 0 2023-07-27
exports ea.exports 235772 220883 7 -9 Down Down 12 2023-09-30
external debt ea.externaldebt 16059100 15891600 1 6 UP UP 30 2023-09-30
foreign exchange reserves ea.fxreserves 86.6 83.7 3 1 UP UP 30 2023-09-30
gdp ea.gdp 14040.9 14570.9 -4 11 UP UP 0 2022-12-31
Real GDP ea.realgdp 2949.05 2950.89 -0 8 UP UP 96 2023-12-31
gdp growth ea.gdpgrowth -0.1 0.2 -150 -101 Down Down 33 2023-09-30
gdp growth annual ea.gdpgrowthan 0.1 0.5 -80 -102 Down UP 37 2023-09-30
gold reserves ea.goldres 506.52 504.77 0 0 UP UP 57 2023-03-31
government budget ea.govbudget -3.6 -5.3 -32 -42 Down UP 0 2022-01-31
government debt ea.govdebt 12260600 11813900 4 52 UP UP 0 2022-01-31
government debt to gdp ea.govdebtgdp 90.9 94.7 -4 4 Down UP 0 2023-01-31
housing index ea.housingindex 142.29 143.59 -1 17 UP UP 89 2023-03-31
imports ea.imports 225800 214958 5 -23 Down Down 7 2023-09-30
industrial production ea.indproduction -6.9 -5.1 35 -211 Down Down 15 2023-09-30
industrial production mom ea.indproductionmm -1.1 0.6 -283 -467 Down Down 12 2023-09-30
inflation cpi ea.inflationcpi 2.9 4.3 -33 -71 Down Down 23 2023-11-30
interbank rate ea.interbankrate 3.799 3.781 0 2 UP UP 45 2023-08-14
interest rate ea.interestrate 4.25 4 6 750 UP UP 0 2023-07-27
lending rate ea.lendingrate 4.5 4.5 0 6 UP UP 79 2023-08-15
loan growth ea.loangrowth 0.8 1 -20 -82 Down Down 2 2023-09-30
loans to private sector ea.loanprivate 5134940 5125590 0 -0 Down Down 8 2023-11-30
long term unemployment rate ea.ltunemploymentrate 2.5 2.6 -4 -29 Down Down 27 2021-12-31
Manufacturing PMI ea.manpmi 43.8 43.1 2 -7 Down Down 59 2023-11-30
money supply m1 ea.msm1 10554500 10554000 0 -10 Down Down 2 2023-09-30
money supply m2 ea.msm2 15108600 15031900 1 -2 Down Down 2 2023-09-30
money supply m3 ea.msm3 16017400 15936100 1 -1 Down Down 5 2023-11-30
Producer Price Index ea.producerprices 146.7 145.9 1 -11 Down Down 2 2023-08-31
PPI Index ea.producerpricesch -11.5 -7.6 51 -128 Down Down 35 2023-09-30
retail sales MoM ea.retailsales -0.3 -0.7 -57 -80 Down UP 0 2023-10-31
retail sales ea.retailsalesan -2.9 -1.8 61 12 Down Down 76 2023-10-31
services pmi ea.servpmi 47.8 48.7 -2 -6 Down Down 32 2024-01-31
unemployment rate ea.unemploymentrate 6.4 6.4 0 -4 Down Down 69 2023-05-31
youth unemployment rate ea.ytunemploymentrate 14.4 14.3 1 1 UP UP 77 2023-01-31
zew economic sentiment index ea.zewsentiment 2.3 -8.9 -126 -106 UP UP 48 2023-11-30
zew economic current index ea.zewcurrent 45.2 47.2 -4.24 -13.08 -100.0 -100.0 0 2019-07-31
Construction Confidence ea.esi.constr -2 -0.3 567 -162 Down Down 0 2023-06-30
Consumer Confidence ea.esi.cons -16.1 -17.4 -7 -33 UP UP 15 2023-06-30
Industrial Confidence ea.esi.man -7.2 -5.3 36 -203 Down Down 0 2023-06-30
Retail Confidence ea.esi.ret -6 -5.3 13 20 Down Down 0 2023-06-30
Services Confidence ea.esi.serv 5.7 7.1 -20 -56 Down Down 48 2023-06-30
ESI - Economic Composite ea.esi.conf 95.3 96.4 -1 -8 Down Down 33 2023-06-30