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Euro area unemployment at 6.4%
In August 2023, the euro area seasonally-adjusted unemployment rate was 6.4%, down from 6.5% in July 2023 and down from 6.7% in August 2022. The EU unemployment rate was 5.9% in August 2023, down from 6.0% in July 2023 and from 6.1% in August 2022. These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that 12.837 million persons in the EU, of whom 10.856 million in the euro area, were unemployed in August 2023. Compared with July 2023, unemployment decreased by 112 thousand in the EU and by 107 thousand in the euro area. Compared with August 2022, unemployment ... (full story)