Eurozone unemployment rate in May
Eurostat announced the Eurozone unemployment rate in May on 2025-07-02. The reported figure stands at 6.3%, against a forecast of 6.2%, with the prior figure recorded as 6.20%.
Regarding the Eurozone unemployment rate in May, Actual value > Forecast value = Bearish for Euro, Refers to the ratio of unemployed population to the labor population within a certain period (the number of labor force that has the willingness to work but is still unemployed among all employed population during that period), aiming to measure idle labor capacity, and is a key indicator reflecting the unemployment situation of a country or region. The unemployment rate is one of the most important economic indicators, heavily influenced by the supply and demand in the labor market as well as the economic cycle. The level of the unemployment rate also reflects the operational status of the economy. Although considered a lagging indicator, the unemployed population is an important signal for measuring the overall economic health, as consumer spending is highly correlated with employment market conditions.
This data holds an importance level of , calculated using The proportion of unemployed people in the total labor force, and updates monthly. The next release is set for 2025-07-31 17:00:00.
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