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In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, according to data from Eurostat, the statistical office of the European Union.
When compared to the previous month, the euro area seasonally adjusted unemployment rate was down from 8.1% in April 2021 while the EU unemployment rate was down from 7.4% in April 2021.
Eurostat estimates that 15.27 million men and women in the EU, of whom 12.79 million in the euro area, were unemployed in May 2021. Compared with May 2020, unemployment rose by 949,000 in the EU and by 803,000 million in the euro area.
Compared with April 2021, the number of persons unemployed decreased by 382,000 in the EU and by 306,000 in the euro area.
In May 2021, the youth unemployment rate was 17.3% in the EU and 17.5% in the euro area, compared with 17.0% and 17.5%, the year prior. This also compared with 18.2% and 18.4% respectively in the previous month.
In May 2021, the unemployment rate for women was 7.6% in the EU, up from 7.1% the year prior and down from 7.8% in April 2021. The unemployment rate for men was 7.0% in the EU in May 2021, up from 6.7% the year prior and down from 7.1% in April 2021.
In the euro area, the unemployment rate for women decreased from 8.5% in April 2021 to 8.3% in May 2021 and the unemployment rate for men decreased from 7.8% to 7.6%. When compared to the previous year, the unemployment rate for women in the euro area rose from 7.7% in May 2020 and for men it rose from 7.1%.
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July 01, 2021 at 07:51PM
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Europe – Unemployment rate rises in May for EU and euro area - Staffing Industry Analysts
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