Unemployment in the eurozone repeats the historical low of 6.6% in June

Spain registers the highest unemployment rate in the EU, with 12.6%

MADRID, 1 Ago. (EUROPA PRESS) -

The unemployment rate in the eurozone stood at 6.6% last June for the third consecutive month, which is 1.3 percentage points below the same month in 2021 and represents the lowest level of unemployment among the Nineteen of the entire historical series, which dates back to April 1998, according to Eurostat data.

The unemployment rate in the eurozone thus remains eight tenths below the level prior to the pandemic, since in February 2020 unemployment among the euro countries was 7.4%.

Likewise, in the European Union as a whole, the unemployment rate remained stable in June at 6%, compared to 7.2% a year earlier. It is also the lowest level of unemployment among the Twenty-seven.

The European Statistical Office estimates that 12.931 million people were unemployed in the EU in June 2022, of which 10.925 million were in the euro zone. This represents a monthly decrease of 26,000 and 25,000 people, respectively.

Compared to June 2021, the number of jobless people fell by 2.311 million in the EU and by 1.987 million in the euro zone.

Among the Twenty-seven, the highest unemployment rates corresponded to Spain, with 12.6%; Greece, with 12.3%; and Italy, with 8.1%. On the contrary, the lowest unemployment figures were observed in the Czech Republic (2.4%), Poland (2.7%) and Germany (2.8%).

In the case of those under 25 years of age, the unemployment rate in the euro zone and the EU as a whole in June was 13.6%, compared to 13.3% the previous month in the EU and 13.2 % in the euro zone.

In absolute terms, the number of unemployed young people in the EU reached 2.546 million people in the sixth month of the year, of which 2.073 million corresponded to the eurozone.

In the case of Spain, in June 2022, 2.975 million people were unemployed, of which 469,000 were under 25 years of age.

Thus, the youth unemployment rate in Spain was 27.9%, the second highest among the Twenty-seven, behind the 29.5% in Greece and ahead of the 23.1% in Italy.