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August 02, 2022EU AND EURO AREA UNEMPLOYMENT RATE, JUNE 2022
Eurostat has reported that the unemployment rate in the Euro Area was stable at 6.6 per cent in June 2022, unchanged from last month and down from 7.9 per cent in June 2021. For the Euro Area, this is the lowest unemployment rate since July 2008.
For the broader European Union, the unemployment rate was stable at 6.0 per cent in June 2022, unchanged from last month and down from 7.2 per cent in June 2021.
Among major European economies, the unemployment rate was highest in Spain (12.6 per cent ), Greece (12.3 per cent ) and Italy (8.1 per cent ). Unemployment rates were lowest in Czechia (2.4 per cent ), Poland (2.7 per cent ) and Germany (2.8 per cent ).
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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