Eurozone unemployment rate


Eurozone unemployment rate: 6.4 (0%)
Last Update: May 31, 2024

Eurozone unemployment rate closed down 6.4 as of May 31, 2024 from 6.4 from the previous month and 6.5 from last year.


Eurozone unemployment rate Analytics & Data



Eurozone unemployment rate

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Eurozone unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Eurozone unemployment rate

DateValues
2024-05-31 6.4
2024-04-30 6.4
2024-03-31 6.5
2024-02-29 6.5
2024-01-31 6.5
2023-12-31 6.5
2023-11-30 6.5
2023-10-31 6.6
2023-09-30 6.5
2023-08-31 6.5
2023-07-31 6.5
2023-06-30 6.5
2023-05-31 6.5
2023-04-30 6.5
2023-03-31 6.5
2023-02-28 6.6
2023-01-31 6.7
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

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Eurozone unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment rateea.unemploymentrate6.46.40-2DownDown722024-05-31

Eurozone unemployment rate Factors

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Eurozone unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Eurozone 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 Eurozone unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Eurozone unemployment rate

The Eurozone unemployment rate refers to the percentage of the total labor force that is currently unemployed within the countries that use the Euro as their official currency. This rate is an important economic indicator that reflects the health of the labor market and overall economy within the Eurozone. A high unemployment rate can indicate a lack of job opportunities, sluggish economic growth, and potential social unrest. On the other hand, a low unemployment rate typically signifies a strong economy with ample job opportunities for workers. Policymakers use the unemployment rate to gauge the effectiveness of their economic policies and to make decisions on measures to stimulate job creation and economic growth.