Eurozone unemployment rate declined from 7.6% to 7.5% in August compared to the initial expectation of 7.6%. The EU unemployment rate declined from 6.9% to 6.8%.
- Eurostat forecasts that 14.469 million men and women in the EU, including 12.162 million in the euro area, were unemployed in August 2021.
- Compared with July 2021, the number of persons unemployed fell by 224,000 in the EU and by 261,000 in the euro area.
- Among young persons, 2.833 million were unemployed in the EU, including 2.317 million in the euro area. In August 2021, the youth unemployment rate stood at 16.2% and 16.4% in the EU and the euro area, respectively.
- On a gender basis, the unemployment rate for women fell slightly to 7.2% in the EU from 7.4% in July 2021. The unemployment rate for men was 6.5% in August 2021, stable compared with July 2021.
In the euro area, the unemployment rate for women declined from 8.1% in July 2021 to 7.7% reported in August 2021, as the unemployment rate for men flattened at 7.1% in August 2021.
Euro Stoxx 50 down -0.45%, EUR USD down -0.11%Source: Eurostat