Unemployment Rate in the Euro Area


At the end of last month Eurostats published a report with the updated unemployment rate figures across the Euro Area. Overall unemployment was 8.8%. Although the highest rates are still observed in Greece (20.6% Aug. 2017) and Spain (16.7%), they have decreased compared to the previous year.

The lowest rates, on the other hand, were observed in October 2017: Czechia (2.7%), Malta (3.5%), and Germany (3.6%).