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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

June 04, 2019
EU AND EURO AREA UNEMPLOYMENT RATE, APRIL 2019

Eurostat has reported that the unemployment rate in the Euro Area fell to 7.6 per cent in April, down 0.1 per cent from last month and from 8.4 per cent in April 2018.  For the Euro Area, this is the lowest unemployment rate since August 2008. For the broader European Union, the unemployment fell to 6.4 per cent this month, unchanged from March and down from 7.0 per cent a year ago.  This unemployment rate for the European Union remains at its lowest level since the monthly data series began in 2000. 

Among major European economies, the unemployment rate was highest in Greece (18.5 per cent in February), Spain (13.8 per cent), and Italy (10.2 per cent). Unemployment rates were lowest in Czechia (Czech Republic, 2.1 per cent), Germany (3.2 per cent), the Netherlands (3.3 per cent) and Hungary (3.4 per cent in March). 

Source:  Eurostat: Unemployment



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