Euro area unemployment at 7.3%

The euro area seasonally-adjusted unemployment rate was 7.3% in February 2020 ¬– the month before COVID-19 containment measures began to be widely introduced by Member States –, down from 7.4% in January 2020 and from 7.8% in February 2019. This is the lowest rate recorded in the euro area since March 2008. The EU unemployment rate was 6.5% in February 2020, stable compared with January 2020 and down from 6.9% in February 2019. This remains the lowest rate recorded in the EU since the start of the monthly unemployment series in February 2000. These figures are published by Eurostat, the statistical office of the European Union.

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