Unemployment rate in EU, euro area falls by 527000 in June

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Unemployment rate in EU, euro area falls by 527000 in June

In June 2022, 10.925 million men and women in the EU were unemployed, according to Eurostat. In the EU, unemployment decreased by 2.311 million and by 1.957 million in the euro area, compared to June 2021.

In Spain, the unemployment rate was the highest in June 2022, with Greece 12.6% and Italy 8.1%, Czechia 2.4% Poland 2.7% and Germany 2.8% In Lithuania, the unemployment rate was 5.8% in June 2022.

In June 2022, 2.546 million young people under 25 were unemployed in the EU, of which 2.073 million were in the euro area. In June 2022, the youth unemployment rate was 13.6% in the EU and the euro area, up from 13.3% in the EU and 13.2% in the euro area. Compared to May 2022, youth unemployment increased by 59 thousand in the EU and 64 thousand in the euro area. Compared with June 2021, youth unemployment decreased by 527 thousand in the EU and by 450 thousand in the euro area.

In June 2022, the EU's unemployment rate for women was 6.4%, compared to May 2022. In June 2022, the unemployment rate for men was 5.7%, which was also stable compared to the previous month. In the euro area, the unemployment rate for women was 7.0% and the unemployment rate for men was 6.2%, both stable compared to May 2022.