Monthly unemployment across the EU generally fell throughout 2019, reaching a low of 6.5 percent in March 2020 - thereafter, the onset of the Covid-19 pandemic saw a sharp rise in unemployment, peaking at 7.8 percent in August. Unemployment remained high throughout the pandemic's first year, before falling in its second year, when it then fell to pre-pandemic levels 18 months after it began. From January to July 2024, unemployment in the EU remained fairly consistent at around six percent.
Unemployment rate in the European Union and the Euro area from October 2019 to July 2024
(seasonally adjusted)
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Eurostat. (August 30, 2024). Unemployment rate in the European Union and the Euro area from October 2019 to July 2024 (seasonally adjusted) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/
Eurostat. "Unemployment rate in the European Union and the Euro area from October 2019 to July 2024 (seasonally adjusted)." Chart. August 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/
Eurostat. (2024). Unemployment rate in the European Union and the Euro area from October 2019 to July 2024 (seasonally adjusted). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/
Eurostat. "Unemployment Rate in The European Union and The Euro Area from October 2019 to July 2024 (Seasonally Adjusted)." Statista, Statista Inc., 30 Aug 2024, https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/
Eurostat, Unemployment rate in the European Union and the Euro area from October 2019 to July 2024 (seasonally adjusted) Statista, https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/ (last visited December 21, 2024)
Unemployment rate in the European Union and the Euro area from October 2019 to July 2024 (seasonally adjusted) [Graph], Eurostat, August 30, 2024. [Online]. Available: https://www.statista.com/statistics/264887/monthly-unemployment-rate-in-the-eu-and-euro-area/
