Eurostat Announced Unemployment Data for August 2024

The European Statistical Office (Eurostat) announced the August unemployment data of the European Union (EU) and the Eurozone.

Accordingly, the unemployment rate in the Eurozone, which was 6.4 percent in July, was measured at the same level in August. The unemployment rate in the EU remained stable at 6.1 percent on a monthly basis in August.

The unemployment rate increased by 0.1 points on an annual basis in the EU and the Eurozone. The rate in question was 6.3 percent in the Eurozone and 6 percent in the EU in August last year.

In August, the unemployment rate was 10.3 percent in Finland, 10 percent in Spain, 8.7 percent in Sweden, 8.2 percent in France and 7.4 percent in Greece.

While the number of unemployed people in the EU was calculated as 13 million 600 thousand in August, 11 million 357 thousand of these people were in the Eurozone.

The number of unemployed people increased by 12 thousand in the EU and 26 thousand in the Eurozone compared to the previous month.

In August, the number of unemployed young people under the age of 25 was determined as 2 million 973 thousand in the EU and 2 million 391 thousand in the Eurozone.

The youth unemployment rate was determined at 15.4 percent in the EU and 15 percent in the Eurozone in August.

Eurostat, which updated historical data, revised the July youth unemployment rate from 15.1 percent to 15.3 percent in the EU and from 14.9 percent to 15.1 percent in the Eurozone.