EU Unemployment Rates, June 2021

Aug 10, 2021
Unemployment Rate in EU States

The chart above shows the unemployment rate in each EU state as of June 2021 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  One state has an unemployment rate below three percent.

Findings

  • The difference between the state with the lowest unemployment rate, Czechia, and the state with the highest, Greece, is 14.10 percentage points (up from 13.40 last month and up from 13.50 last year).  Czechia had the lowest rate last month and last year.  Greece had the highest rate last month and last year.
  • Greece has 6.04 times the unemployment rate that Czechia does.  The ratio of highest rate to lowest rate was up from 5.32 last month and up from 6.00 last year.
  • The median unemployment rate in the 28 EU states is 6.40 (down from 6.70 the previous month and down from 6.90 last year) and the mean 6.76 (down from 6.99 the previous month and down from 7.04 last year).
  • Of the 28 states, 3 saw no change in the unemployment rate from the previous month, 20 saw an improvement, and 5 saw the rate increase.
  • Of the 28 states, 1 saw no change in the unemployment rate from last year, 16 saw an improvement, and 11 saw the rate increase.

Caveats

  • Data is from June 2021 except for Estonia and Hungary which are from May 2021, and Greece and the United Kingdom which are from April 2021 (previous month and year rates also reflect the respective one, two, and three month delay).
  • Data may conflict with previous month's report as statistical agencies make updates to the rates over the course of the month.
  • All figures are rounded to the nearest hundredth.

Details

In absolute terms, Cyprus had the best performance over the previous month dropping 1.9 percentage points.  Greece and Sweden had the worst performance rising 0.4 percentage points.  Year over year, Lithuania had the best performance with a 2.7 percentage point drop while Ireland had the worst performance with a 1.9 percentage point rise in the unemployment rate.

In relative terms, Cyprus had the best performance over the previous month with a 19.39% drop in the rate while Estonia had the worst performance with a 4.69% rise in the rate.  Year over year, Lithuania had the best performance with a 29.67% drop in the rate while Ireland had the worst performance with a 33.33% rise in the rate.

Of the 28 states, 6 EU states have an unemployment rate below four percent (up from 5 last month, up from 4 last year) which traditionally has placed inflationary pressure on wages.  Of the 28, 18 have a rate between four and eight percent (up from 17 last month, up from 17 last year), and 4 have a rate above eight percent (down from 6 last month, down from 7 last year).

Poland (from 5th to 3rd) and Cyprus (from 25th to 23rd) rose 2 spots over the course of the month.  On the flip side, Estonia (from 13th to 16th) and Latvia (from 21st to 24th) fell 3 spots.  Year-over-year, Lithuania (from 24th to 14th) rose 10 spots.  Conversely, Ireland (from 12th to 21st) fell 9 spots.

Data

StateLast YearPrevious RateLatest Rate
Austria7.76.96.4
Belgium5.46.56.2
Bulgaria5.56.16
Croatia8.67.97.4
Cyprus7.69.87.9
Czechia2.73.12.8
Denmark6.15.25.2
Estonia76.46.7
Finland7.68.27.7
France7.47.57.3
Germany3.93.73.7
Greece16.216.516.9
Hungary4.44.53.9
Ireland5.77.87.6
Italy9.510.29.7
Latvia8.77.98
Lithuania9.16.96.4
Luxembourg7.66.25.9
Malta4.53.63.6
Netherlands4.33.33.2
Poland3.33.83.6
Portugal7.576.9
Romania5.65.55.2
Slovakia6.86.96.8
Slovenia5.454.8
Spain15.915.415.1
Sweden9.19.19.5
United Kingdom3.94.95

Sources

Eurostat.  2021.  "Unemployment by Sex and Age - Monthly Average."  Accessed August 10, 2021.  https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-055624_QID_3E075C63_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;S_ADJ,L,Z,0;AGE,L,Z,1;UNIT,L,Z,2;SEX,L,Z,3;INDICATORS,C,Z,4;&zSelection=DS-055624AGE,TOTAL;DS-055624S_ADJ,SA;DS-055624UNIT,PC_ACT;DS-055624SEX,T;DS-055624INDICATORS,OBS_FLAG;&rankName1=UNIT_1_2_-1_2&rankName2=AGE_1_2_-1_2&rankName3=INDICATORS_1_2_-1_2&rankName4=SEX_1_2_-1_2&rankName5=S-ADJ_1_2_-1_2&rankName6=TIME_1_0_0_0&rankName7=GEO_1_2_0_1&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=NONE&time_most_recent=false&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23.

Office for National Statistics.  2021.  "X01: Labour Force Survey Single-Month Estimates."  Accessed August 10, 2021.  https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/datasets/labourforcesurveysinglemonthestimatesx01.

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