The chart above shows the unemployment rate in each EU state as of September 2020 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior. Czechia is the only state with an unemployment rate below three percent.
- The difference between the state with the lowest unemployment rate, Czechia, and the state with the highest, Greece, is 14.20 percentage points (down from 14.70 last month and down from 15.00 last year). Czechia had the lowest rate last month and last year. Greece had the highest rate last month and last year.
- Greece has 6.07 times the unemployment rate that Czechia does. The ratio of highest rate to lowest rate was down from 6.25 last month and down from 8.14 last year.
- The median unemployment rate in the 28 EU states is 6.75 (same as 6.75 the previous month and up from 5.20 last year) and the mean 7.13 (down from 7.14 the previous month and up from 5.90 last year).
- Five states saw no change in the unemployment rate from the previous month, 15 saw an improvement, and eight saw the rate increase.
- Three states saw no change in the unemployment rate from last year, three saw an improvement, and 22 saw the rate increase.
- Data is from September 2020 except for Estonia and Hungary which are from August 2020 and Greece and the United Kingdom which are from July 2020 (previous month and year rates also reflect the respective one and two 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.
In absolute terms, Greece had the best performance over the previous month dropping 0.5 percentage points. Ireland and Cyprus had the worst performance rising 0.6 percentage points. Year over year, France had the best performance with a 0.5 percentage point drop while Estonia had the worst performance with a 4.0 percentage point rise in the unemployment rate.
In relative terms, Portugal had the best performance over the previous month with a 4.94% drop in its rate while the United Kingdom had the worst performance with a 10.26% rise in its rate. Year over year, France had the best performance with a 5.95% drop in its rate while Estonia had the worst performance with a 100.00% rise in its rate.
Two EU states have an unemployment rate below four percent (down from three last month, down from seven last year) which traditionally has placed inflationary pressure on wages. Eighteen have a rate between four and eight percent (up from 16 last month, up from 17 last year), and eight have a rate above eight percent (down from nine last month, up from four last year).
Portugal (from 20th to 17th) bested three states over the course of the month. On the flip side, Germany (from 5th to 7th), Ireland (from 14th to 16th), and Cyprus (from 17th to 19th) each were bested by two states. Year-over-year, France (from 25th to 18th) surpassed seven states. Conversely, Estonia (from 8th to 19th) was bested by 11 states.
|State||Last Year||Previous Rate||Latest Rate|
Eurostat. 2020. "Unemployment by Sex and Age - Monthly Average." Accessed November 12, 2020. https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-055624_QID_6055EC7_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-055624SEX,T;DS-055624UNIT,PC_ACT;DS-055624S_ADJ,SA;DS-055624AGE,TOTAL;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.