Unemployment rate falls to 6.4% in June in eurozone


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The unemployment rate fell in June to 6.4% in the euro area and 5.9% in the European Union (EU), compared to the same period in 2022, according to data released today by Eurostat.

Unemployment in the euro area (made up of the 20 EU countries that use the single currency) fell to 6.4% compared with the same period last year (6.7%), and there was a slight drop in the quarter-on-quarter change.

At the level of the 27, the unemployment rate stood at 5.9%, also below the percentage recorded in June 2022 (6.1%), and remained the same compared to May this year.

The European Statistical Office estimates that there were more than 12 million unemployed people in the European Union in June, ten million of them in the eurozone.

Among EU Member States, Spain (11.7%), Greece (11.1%), Sweden and Lithuania (7.5%) had the highest unemployment rates in June, while Malta (2.6%), the Czech Republic and Poland (2.7%) and Germany (3.0%) had the lowest.

Portugal’s rate in June was 6.4%, in line with the euro area.

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