Unemployment in Europe (December 2021) – At 7,0% in euro area, the lowest level since the official Eurostat statistics agency began compiling data in April 1998

In December 2021, the euro area seasonally-adjusted unemployment rate was 7.0%, down from 7.1% in November 2021 and from 8.2% in December 2020. The EU unemployment rate was 6.4% in December 2021, down from 6.5% in November 2021 and from 7.5% in December 2020. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 13.612 million men and women in the EU, of whom 11.481 million in the euro area, were unemployed in December 2021. Compared with November 2021, the number of persons unemployed decreased by 210 000 in the EU and by 185 000 in the euro area. Compared with December 2020, unemployment decreased by 2.196 million in the EU and by 1.828 million in the euro area.

Youth unemployment

In December 2021, 2.748 million young persons (under 25) were unemployed in the EU, of whom 2.222 million were in the euro area. In December 2021, the youth unemployment rate was 14.9% in both the EU and the euro area, down from 15.3% in the EU and from 15.4% in the euro area in the previous month. Compared with November 2021, youth unemployment decreased by 81 000 in the EU and by 78 000 in the euro area

Chosen excerpts by Job Market Monitor. Read the whole story @ December 2021 – Euro area unemployment at 7.0% EU at 6.4% – 16/2022 – 1 February 2022