The number of people without work in the European Union was 26,000 less in June than in May. However, it had no effect on the unemployment rate. It remained the same at six percent. The unemployment rate in the eurozone is also stable, at 6.6 percent, where it has been for three months in a row.
The Czech Republic has the lowest unemployment rate
The Czech Republic still has the lowest unemployment rate in the European Union. It reached 2.4 percent in June, and decreased by 0.1 percentage point compared to May. However, it fell by 0.4 percentage points year-on-year. Poland has the second lowest unemployment (2.7), Germany third (2.8).
At the opposite end of the European 27 ranking, we find Spain with an unemployment rate of 12.6 percent. Greece is next, with 12.3 percent unemployment. This follows from current Eurostat data.
Youth unemployment rate
While the unemployment rate has stabilized at a lower level than the EU showed before the coronavirus pandemic, it is starting to rise among young people under 25. The unemployment rate for young people in their 27s increased to 13.6 in June from 13.3 percent in May. However, it also applies here that unemployment among young people is significantly lower than before the coronavirus pandemic. At the turn of 2019 and 2020, it exceeded 15 percent.