Daily News
View All NewsEurope – Euro area jobless rate falls to 8.5% in March, lowest rate since 2008
02 May 2018
The seasonally adjusted unemployment rate in March was 8.5% in the 19-country euro area; that’s down from 9.4% a year ago and the lowest jobless rate since December 2008, Eurostat reported Wednesday.
Countries with the lowest unemployment rates includes the Czech Republic, Malta and Germany. The highest rates were in Greece and Spain.
Looking at all 28 countries in the European Union, the unemployment rate was 7.1% in March, down from 7.9% a year ago. It was the lowest rate since September 2008.
Unemployment rates in March 2018, seasonally adjusted
| Czech Republic | 2.2% |
| Malta | 3.3% |
| Germany | 3.4% |
| Hungary** | 3.7% |
| Netherlands | 3.9% |
| UK* | 4.1% |
| Poland | 4.4% |
| Romania | 4.5% |
| Denmark | 4.8% |
| Austria | 5.0% |
| Bulgaria | 5.2% |
| Slovenia | 5.2% |
| Luxembourg | 5.4% |
| Ireland | 6.1% |
| Sweden | 6.2% |
| Belgium | 6.4% |
| Estonia** | 6.5% |
| Portugal | 7.4% |
| Lithuania | 7.5% |
| Slovakia | 7.5% |
| Latvia | 7.9% |
| Finland | 8.2% |
| France | 8.8% |
| Cypress | 9.1% |
| Croatia | 9.4% |
| Italy | 11.0% |
| Spain | 16.1% |
| Greece* | 20.6% |
*January 2018; **February 2018