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Euro area unemployment at 6.2% and EU at 5.8%

May 02, 2025

The seasonally adjusted unemployment rate for the euro area was 6.2% in March 2025, consistent with  February 2025 and down from 6.5% in March 2024. In March 2025, the unemployment rate in the EU was 5.8%, consistent with February 2025 and down from 6.0% in March 2024.

Eurostat estimates that 12.904 million persons in the EU, of whom 10.818 million in the euro area, were unemployed in March 2025.

 

  • Compared with February 2025, unemployment increased by 74 thousand in the EU and by 83 thousand in the euro area.
  • Compared with March 2024, unemployment decreased by 340 thousand in the EU and by 288 thousand in the euro area.

 

 

Youth unemployment

 

It is reported that 2.822 million young people (those under 25) in the EU were unemployed in March 2025, with 2.265 million of those individuals living in the euro area. In the EU, the rate of youth unemployment fell to 14.5% in March 2025, down from 14.6% in February 2025. In the euro area, the rate of youth unemployment fell to 14.2% from 14.3% in February 2025.

 

  • Compared with February 2025, youth unemployment decreased by 25 thousand in the EU and by 19 thousand in the euro area.
  • Compared with March 2024, youth unemployment decreased by 63 thousand in the EU, and by 43 thousand in the euro area.

 

 

 

Unemployment by sex

 

In March 2025, the EU’s unemployment rate for women remained at 6.0% and rose to 5.7% for men, an increase from the 5.6% reported for the previous month. In the euro area, the unemployment rate for women remained 6.4% from the previous month, and the rate for men was 6.1%, an increase from the 6.0% reported in the previous month.

 

(Source: Eurostat)

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

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