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September 2019 Eurozone unemployment falls to 7.5%

The unemployment rate in the Eurozone fell to 7.5% in September 2019, down from 8.0% in September 2018. This is the lowest rate recorded in the Eurozone since July 2008.

The EU28 unemployment rate was 6.3% in September 2019, down from 6.7% in September 2018. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 15.635m men and women in the EU28, of whom 12.335m in the Eurozone, were unemployed in September 2019. However, compared with August 2019, the number of persons unemployed increased by 48,000 in the EU28 and by 33,000 in the Eurozone. But compared with September 2018, unemployment fell by 889,000 in the EU28 and by 738,000 in the Eurozone.

The lowest unemployment rates in September 2019 were recorded in Czech Republic (2.1%) and Germany (3.1%). The highest unemployment rates were observed in Greece (16.9% in July 2019) and Spain (14.2%).

Compared with a year ago, the largest decreases were registered in Greece (from 19.1% to 16.9%), Cyprus (from 8.0% to 6.6%) and Estonia (from 5.3% to 3.9%).

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