Euro Area Unemployment Rate

The unemployment rate in the Euro Area edged down to 6.2% in April 2025, matching the record low set in December, after a revised 6.3% in March and matching market forecasts. The number of unemployed individuals decreased by 207 thousand from the prior month to 10.680 million. Meanwhile, the youth unemployment rate, reflecting those under 25 seeking employment, fell to a four-month low of 14.4% from an upwardly revised 14.8% in the prior month. Among the bloc’s largest economies, Germany (3.6%) and the Netherlands (3.8%) reported the lowest unemployment rates, while Spain (10.9%), France (7.1%), and Italy (5.9%) continued to post higher levels. A year ago, the jobless rate was higher at 6.4%.