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June 30, 2022EU AND EURO AREA UNEMPLOYMENT RATE, MAY 2022
The Euro Area (19 countries) unemployment rate edged down 0.1 percentage point to 6.6% in May 2022, down from 8.1% in May 2021.
For the broader European Union (27 countries), the unemployment rate was stable at 6.1% in May 2022. In May 2021, the EU27 unemployment rate was 7.3%.
Among major European economies, the unemployment rate was highest in Spain, Italy, and Sweden. The lowest unemployment rates were recorded in Czechia, Poland, and Germany.
Source: Eurostat. Unemployment News Release, Unemployment rates, Unemployment rates by member country
Statistics Canada. Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle
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