July 2021 Euro Area unemployment at 7.6 %, EU at 6.9 %

In July 2021, the Euro Area seasonally-adjusted unemployment rate was 7.6 %, down from 7.8 % in June 2021 and from 8.4 % in July 2020. The EU unemployment rate was 6.9 % in July 2021, down from 7.1 % in June 2021 and from 7.6 % in July 2020. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 14.613 million men and women in the EU, of whom 12.334 million in the Euro Area, were unemployed in July 2021. Compared with June 2021, the number of persons unemployed decreased by 430000 in the EU and by 350000 in the Euro Area. Compared with July 2020, unemployment decreased by 1.521 million in the EU and by 1.336 million in the Euro Area.

Youth unemployment

In July 2021, 2.854 million young persons (under 25) were unemployed in the EU, of whom 2.339 million were in the euro area. In July 2021, the youth unemployment rate was 16.2% in the EU and 16.5% in the euro area, down from 16.9% and 17.2% respectively in the previous month. Compared with June 2021, youth unemployment decreased by 151 000 in the EU and by 140 000 in the euro area. Compared with July 2020, youth unemployment decreased by 420 000 in the EU and by 360 000 in the Euro Area.

Unemployment by gender

In July 2021, the unemployment rate for women was 7.3% in the EU, down from 7.5% in June 2021. The unemployment rate for men was 6.5% in July 2021, down from 6.7 % in June 2021. In the Euro Area, the unemployment rate for women decreased from 8.3 % in June 2021 to 8.1 % in July 2021, while the unemployment rate for men decreased from 7.3 % in June 2021 to 7.1 % in July 2021.

Additional labour market indicators

These estimates are based on the globally used International Labour Organisation (ILO) standard definition of unemployment, which counts as unemployed people without a job who have been actively seeking work in the last four weeks and are available to start work within the next two weeks. The COVID-19 outbreak and the measures applied to combat it have triggered a sharp increase in the number of claims for unemployment benefits across the EU. At the same time, a significant part of those who had registered in unemployment agencies were no longer actively looking for a job or no longer available for work, for instance, if they had to take care of their children. This leads to discrepancies in the number of registered unemployed and those measured as unemployed according to the ILO definition.

To capture in full the unprecedented labour market situation triggered by the COVID-19 outbreak, the data on unemployment have been complemented by additional indicators, e.g. underemployed part-time workers, persons seeking work but not immediately available and persons available to work but not seeking, released together with LFS data for the first quarter of 2021.

Geographical information

Euro area (EA19): Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

European Union (EU27): Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

Methods and definitions

Eurostat publishes harmonised unemployment rates for individual EU Member States, the euro area and the EU. These unemployment rates are based on the definition recommended by the International Labour Organisation (ILO). The measurement is based on a harmonised data source, the European Union Labour Force Survey (LFS).

Based on the ILO definition, Eurostat defines unemployed persons as persons aged 15 to 74 who:

–             are without work;

–             are available to start work within the next two weeks;

–             and have actively sought employment at some time during the previous four weeks.

The unemployment rate is the number of people unemployed as a percentage of the labour force.

Series have been seasonally adjusted using the seasonal factors estimated in the period up to December 2019 included. Those seasonal factors will be kept unchanged (‘controlled concurrent adjustment method’) until the impact of the COVID-19 outbreak can be integrated in seasonal adjustment models.

The labour force is the total number of people employed plus unemployed. In this news release unemployment rates are based on employment and unemployment data covering persons aged 15 to 74.

The youth unemployment rate is the number of people aged 15 to 24 unemployed as a percentage of the labour force of the same age. Therefore, the youth unemployment rate should not be interpreted as the share of jobless people in the overall youth population.

When data for the most recent month are not available for a Member State, EU and EA aggregates are calculated using the latest data available for that Member State.

Country notes

Germany, the Netherlands, Finland, Sweden and Iceland: the trend component is used instead of the more volatile seasonally adjusted data.

Denmark, Estonia and Portugal: 3-month moving averages of LFS data are used instead of pure monthly indicators. Austria and Italy: the data are provisional up to July 2021 included. Portugal data are provisional for July 2021.

Germany: Starting from May 2021 the monthly unemployment rate is calculated on the basis of the labour force survey. The  estimated results from January 2020 to April 2021 had been revised on this basis.

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www.ec.europa.eu/eurostat/