Unemployment Rate

The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

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Most recent - Thursday 30 January 2025 10:00

6.2%

Revised

6.2%

Forecast

6.3%

Actual

6.3%

Next event - Tuesday 4 March 2025 10:00

6.3%

Forecast

Actual

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Unemployment Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Unemployment Rate was 6.3% against a forecast of 6.3%.

Past events

Date

Forecast

Actual

Thursday 30 January 2025 10:00

6.3%

Tuesday 7 January 2025 10:00

6.4%

6.3%

Monday 2 December 2024 10:00

6.3%

Thursday 31 October 2024 10:00

6.4%

6.3%

Wednesday 2 October 2024 09:00

6.4%

Friday 30 August 2024 09:00

6.5%

6.4%

Thursday 1 August 2024 09:00

6.4%

6.5%

Tuesday 2 July 2024 09:00

6.4%

Thursday 30 May 2024 09:00

6.5%

6.4%

Friday 3 May 2024 09:00

6.5%

Wednesday 3 April 2024 09:00

6.4%

6.5%

Friday 1 March 2024 10:00

6.4%

Thursday 1 February 2024 10:00

6.4%

Tuesday 9 January 2024 10:00

6.5%

6.4%

Thursday 30 November 2023 10:00

6.5%

Friday 3 November 2023 10:00

6.4%

6.5%

Monday 2 October 2023 09:00

6.4%

Thursday 31 August 2023 09:00

6.4%

Tuesday 1 August 2023 09:00

6.5%

6.4%

Friday 30 June 2023 09:00

6.5%

Thursday 1 June 2023 09:00

6.5%

Wednesday 3 May 2023 09:00

6.6%

6.5%

Friday 31 March 2023 09:00

6.7%

6.6%

Thursday 2 March 2023 10:00

6.6%

6.7%

Wednesday 1 February 2023 10:00

6.5%

6.6%

Monday 9 January 2023 10:00

6.5%

Thursday 1 December 2022 10:00

6.6%

6.5%

Thursday 3 November 2022 10:00

6.6%

Friday 30 September 2022 09:00

6.6%

Thursday 1 September 2022 09:00

6.6%

Monday 1 August 2022 09:00

6.6%

Thursday 30 June 2022 09:00

6.8%

6.6%

Wednesday 1 June 2022 09:00

6.7%

6.8%

Tuesday 3 May 2022 09:00

6.7%

6.8%

Thursday 31 March 2022 09:00

6.7%

6.8%

Thursday 3 March 2022 10:00

6.9%

6.8%

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:

		Previous	Latest
Consumer Price Index (MoM)	Bullish change	-0.2%	0.4%
Consumer Price Index (YoY)	(no change)	2.3%	2.3%
Harmonized Index of Consumer Prices (MoM)	Bullish change	-0.2%	0.6%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.8%	2.8%
Consumer Price Index (EU Norm) (YoY)	(no change)	1.7%	1.7%
Consumer Price Index (YoY)	Bullish change	1.5%	1.7%
Unemployment Change	Bullish change	11K	5K
Unemployment Rate s.a.	(no change)	6.2%	6.2%
Consumer Price Index (EU norm) (YoY)	Bearish change	1.8%	0.9%
Retail Sales (MoM)	Bullish change	-1.6%	0.2%
Retail Sales (YoY)	Bullish change	1.8%	2.9%
Business Climate	Bullish change	-0.92	-0.74
Consumer Confidence	(no change)	-13.6	-13.6
Economic Sentiment Indicator	Bullish change	95.3	96.3
Harmonized Index of Consumer Prices (YoY)	(no change)	2.9%	2.9%
GfK Consumer Confidence Survey	Bearish change	-22.4	-24.7
Gross Domestic Product (QoQ)	(no change)	-0.2%	-0.2%
Gross Domestic Product (YoY)	(no change)	-0.2%	-0.2%
Gross Domestic Product w.d.a (YoY)	(no change)	-0.4%	-0.4%
Core Harmonized Index of Consumer Prices (MoM)	Bullish change	-1%	-0.9%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	2.7%	2.7%
Harmonized Index of Consumer Prices (MoM)	(no change)	-0.3%	-0.3%
IFO – Business Climate	(no change)	85.2	85.2
IFO – Current Assessment	Bearish change	86	85
IFO – Expectations	Bullish change	84.3	85.4
HCOB Composite PMI	(no change)	50.2	50.2
HCOB Manufacturing PMI	Bullish change	46.6	47.3
HCOB Services PMI	Bearish change	51.3	50.7
Consumer Price Index (EU Norm) (YoY)	(no change)	1.7%	1.7%
Consumer Price Index (YoY)	(no change)	1.5%	1.5%
HCOB Composite PMI	Bullish change	50.5	51
HCOB Manufacturing PMI	Bullish change	45	46.1
HCOB Services PMI	Bearish change	52.5	52.2
HCOB Composite PMI	Bearish change	47.6	44.5
HCOB Manufacturing PMI	Bullish change	45	45.5
HCOB Services PMI	Bearish change	48.2	44.5
Consumer Confidence	Bullish change	-14.2	-13.6
Producer Price Index (MoM)	(no change)	-0.1%	-0.1%
Producer Price Index (YoY)	Bearish change	0.8%	0.5%
ZEW Survey – Current Situation	Bullish change	-90.4	-88.5
ZEW Survey – Economic Sentiment	Bullish change	10.3	26
ZEW Survey – Economic Sentiment	Bullish change	18	24.2
Consumer Price Index (EU norm) (YoY)	(no change)	1.8%	1.8%

About Unemployment Rate

Country:	Eurozone
Currency:	EUR
Source:	Eurostat
Category:	Labor Market
Frequency:	Monthly

Related events

	Australia		Unemployment Rate s.a.
	Australia		Employment Change s.a.
	Canada		Unemployment Rate
	Canada		Net Change in Employment
	New Zealand		Unemployment Rate
	New Zealand		Employment Change
	United Kingdom		Employment Change
	United Kingdom		ILO Unemployment Rate (3M)
	United Kingdom		Claimant Count Change
	United States		Nonfarm Payrolls
	United States		ADP Employment Change
	United States		Average Hourly Earnings (MoM)
	United States		Average Hourly Earnings (YoY)
	Australia		Wage Price Index (QoQ)
	Australia		Part-Time Employment
	Australia		Participation Rate
	Australia		Full-Time Employment
	Canada		Average Hourly Wages (YoY)
	Germany		Unemployment Change
	Germany		Unemployment Rate s.a.
	Eurozone		Employment Change (QoQ)
	Japan		Labor Cash Earnings (YoY)
	Japan		Unemployment Rate
	New Zealand		Participation Rate
	New Zealand		Labour Cost Index (QoQ)
	United Kingdom		Claimant Count Rate
	United Kingdom		Average Earnings Including Bonus (3Mo/Yr)
	United Kingdom		Average Earnings Excluding Bonus (3Mo/Yr)
	United States		ISM Manufacturing Employment Index
	United States		Unit Labor Costs
	United States		Personal Income (MoM)
	United States		Nonfarm Payrolls Benchmark Revision
	United States		ISM Services Employment Index
	United States		Unemployment Rate
	United States		Nonfarm Productivity
	United States		JOLTS Job Openings
	United States		Initial Jobless Claims
	United States		Challenger Job Cuts
	United States		Labor Force Participation Rate
	United States		U6 Underemployment Rate
	United States		Employment Cost Index

Calendar - Unemployment Rate - Eurozone

Unemployment Rate

Most recent - Thursday 30 January 2025 10:00

Next event - Tuesday 4 March 2025 10:00

Trading range

Trading range after each Unemployment Rate event

Forecast history

Past events

Economic context

About Unemployment Rate

Related events