Euro area unemployment 9.3 percent in May, lowest in Czech RepublicStaff Writer | July 4, 2017
The euro area (EA19) seasonally-adjusted unemployment rate was 9.3% in May 2017, stable compared to April 2017 and down from 10.2% in May 2016.
Europe Eurostat estimates
This remains the lowest rate recorded in the EU28 since December 2008. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 19.092 million men and women in the EU28, of whom 15.011 million in the euro area, were unemployed in May 2017.
Compared with April 2017, the number of persons unemployed decreased by 32 000 in the EU28 and by 16 000 in the euro area.
Compared with May 2016, unemployment fell by 2.145 million in the EU28 and by 1.452 million in the euro area.
Among the member states, the lowest unemployment rates in May 2017 were recorded in the Czech Republic (3.0%), Germany (3.9%) and Malta (4.1%).
The highest unemployment rates were observed in Greece (22.5% in March 2017) and Spain (17.7%).
Compared with a year ago, the unemployment rate in May 2017 fell in all Member States for which data is comparable over time.
The largest decreases were registered in Croatia (from 13.4% to 10.7%), Spain (from 20.2% to 17.7%) and Ireland (from 8.4% to 6.4%).
In May 2017, the unemployment rate in the United States was 4.3%, down from 4.4% in April 2017 and from 4.7% in May 2016. ■