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February 01, 2024EU AND EURO AREA UNEMPLOYMENT RATE, DECEMBER 2023 
Eurostat has reported that the unemployment rate in the Euro Area has remained unchanged at 6.4% in December 2023. For the broader 27 countries of the entire European Union, the unemployment rate also remained unchanged at 5.9% in December 2023.
In December, youth unemployment rates edged up to 14.7% in the European Union and edged down to 14.4% in the Euro Area. Unemployment rate for females in the European Union was 6.2% while the male unemployment rate was 5.7%. Euro Area unemployment rate for females was 6.8% in December 2023 while the Euro Area unemployment rate for males was 6.1%.
Among EU member state economies, the December unemployment rate was highest in Spain. Unemployment rates were lowest in Malta, Poland, and Czechia.
Source: Eurostat. Indicators; Unemployment News Release, Data
Statistics Canada. Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle
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