The unemployment rate in the euro area remains at 6.3%, while in the EU – 5.9%. The lowest rates were recorded in the Czech Republic, Malta and Poland, while the highest rates were recorded in Spain and Greece.
The unemployment rate in the euro area has remained stable since August 2024 – at 6.3%. In the EU, it is 5.9%.
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In October, unemployment in the European Union as a whole reached 5.9%. This figure has not changed since August, when it was historically the lowest.
The euro area unemployment rate also remained stable in October at 6.3% of the working-age population. This figure has not changed since August 2024, according to Eurostat.
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The lowest rates in the EU were recorded in the Czech Republic (2.6%), Malta (3%) and Poland (3.1%). The highest rates were recorded in Spain (11.2%), Greece (9.8%), Finland and Sweden (8.5%).
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In its latest economic forecasts released in November, the European Commission predicts that the unemployment rate will stabilize at 6.3% in 2025 and 2026 in the euro area. It is also expected 5.9% over the same period – for the EU as a whole.
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