- Analytics
- News and Tools
- Market News
- Eurozone unemployment rate remained at 7.5% in August, as expected
Eurozone unemployment rate remained at 7.5% in August, as expected
According to the report from Eurostat, the euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in July 2019, stable compared with June 2019 and down from 8.1% in July 2018. This remains the lowest rate recorded in the euro area since July 2008.
The EU28 unemployment rate was 6.3% in July 2019, stable compared with June 2019 and down from 6.8% in July 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000.
Eurostat estimates that 15.613 million men and women in the EU28, of whom 12.322 million in the euro area, were unemployed in July 2019. Compared with June 2019, the number of persons unemployed increased by 27 000 in the EU28 and decreased by 16 000 in the euro area. Compared with July 2018, unemployment fell by 1.093 million in the EU28 and by 898 000 in the euro area.
In July 2019, 3.195 million young persons (under 25) were unemployed in the EU28, of whom 2.245 million were in the euro area. Compared with July 2018, youth unemployment decreased by 167 000 in the EU28 and by 149 000 in the euro area. In July 2019, the youth unemployment rate was 14.3% in the EU28 and 15.6% in the euro area, compared with 15.0% and 16.7% respectively in July 2018.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
