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Europe – Eurozone jobless rate edges down in August, still at lowest since 2008

01 October 2018

The jobless rate for the 19 countries in the eurozone fell to 8.1% on a seasonally adjusted basis in August from 8.2% in July and 9.0% in August 2017.

Overall, in the 28-country European Union, the unemployment rate was 6.8% in August, unchanged from July, and down from 7.5% in August 2017.

The jobless rate in the euro area was at its lowest since July 2008, while the European Union unemployment rate was at its lowest since April 2008.

Countries with the lowest unemployment rates were the Czech Republic at 2.5%, and Germany and Poland, both at 3.4%. The highest unemployment rates were in Greece at 19.1% (in June) and Spain at 15.2%.

Unemployment rates in August 2018, seasonally adjusted

Unemployment rates in August 2018, seasonally adjusted
Czech Republic 2.5%
Germany 3.4%
Poland 3.4%
Hungary** 3.7%
Malta 3.8%
Netherlands 3.9%
UK* 4.0%
Romania 4.3%
Austria 4.8%
Denmark 4.9%
Bulgaria 5.2%
Luxembourg 5.2%
Estonia** 5.3%
Slovenia 5.3%
Ireland 5.6%
Lithuania 6.2%
Sweden 6.4%
Belgium 6.5%
Slovakia 6.6%
Portugal 6.8%
Latvia 7.4%
Cypruss 7.5%
Finland 7.6%
Croatia 8.5%
France 9.3%
Italy 9.7%
Spain 15.2%
Greece* 19.1%

*June 2018

**July 2018