This is still considered above average for this country, which is matched only by Switzerland in its extraordinarily low unemployment rate. You can find more information in our data protection declaration.Unemployment rates in the European Union and eurozone have dropped to record lows. Unemployment Rate in European Union averaged 9.18 percent from 2000 until 2020, reaching an all time high of 11.50 percent in February of 2013 and a record low of 6.40 percent in February of 2020. In European Union, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. All Americans are benefiting from the labor market’s continued improvement. Unemployment in the U.S., the largest economy, was at 3.5% at the end of February in 2020—the lowest rate in half a century—but rose to 4.4% in … In specific, the unemployment rate in Greece in 2019 between the ages of 15 and 74 years old reached 17.3%. On Friday, the Bureau of Labor Statistics reported that the unemployment rate held steady at a historically low 3.5% in December. Countries with the highest and lowest unemployment rates – click to enlarge Source: The World Factbook, Central Intelligence Agency, 2015-2017 … Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. But economic growth and inflation figures showed European economies were slowing down just as the US-China trade war accelerates.The European Union's statistical office Eurostat on Wednesday reported the EU's lowest unemployment rate since records began in 2000.The EU unemployment rate dropped to 6.3% in June, making it the "lowest rate recorded" in the bloc.The eurozone, which comprises the 19 member states of the euro monetary union, dropped to 7.5%. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. How will the population of European countries change by 2050? The EU and Eurozone grew by 0.2% during the second quarter of 2019. Data shows that Greece tops the chart of youth unemployment in Europe with 33% of them without work.
The unemployment rate is the lowest it has been since May 1969—over 50 years ago. Unemployment Rate in European Union increased to 6.70 percent in May from 6.60 percent in April of 2020. "Amid US efforts to isolate the company, Huawei has benefited from new 5G contracts and millions of smartphone sales. The European Union’s overall unemployment rate is now at its lowest point since before the continent’s financial crisis began.
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