Data released today by Eurostat shows the unemployment rate in the Euro zone decreased slightly in June to 7.7%, and to 7.1% in the European Union (EU), compared to 8% and 7.3%, respectively, in the same period of 2020.
Data reveals that, last month, the seasonally adjusted unemployment rate in the Euro zone was 7.7%, against 8% in June 2020 and also in May this year.
In the EU as a whole, this rate stood at 7.1% in June 2021, compared with 7.3% both in the same period last year and in May this year.
In absolute terms, Eurostat estimates that 14.9 million men and women in the EU, of which 12.5 million are in the Eurozone, were unemployed in June 2021.
This means a reduction of 397,000 unemployed in the EU and 339,000 in the Euro zone compared to June 2020.
Portugal followed the European trend, registering an unemployment rate of 6.9% in June 2021, after 7.5% in the same month of the previous year.
With regard to youth unemployment (covering young people up to 25 years old), it reached 17.3% in the Euro zone and 17% in the EU last month, a reduction compared to June 2020, when these rates were fixed, respectively, in 18.7% and 18.2%.
In all, 2.9 million young people (under 25) were unemployed in the EU last month, of which 2.4 million are in the Euro zone, 152,000 less and 110, 000 thousand less, respectively, than in the same period of 2020.
By gender, the unemployment rate for women was, in June 2021, 8.2% in the Euro zone and 7.5% in the EU, while for men these percentages were, respectively, 7.3% and 6.7%.
Source Lusa
