The euro area seasonally adjusted unemployment rate in March was 6.5 percent, stable compared to February 2024 and down compared to 6.6 percent in March 2023, while the EU unemployment rate was 6.5 percent. , a decrease compared to 6.1 percent. This can be seen from Eurostat data, which estimates that there are 13.258 billion unemployed people in the EU, of which 11.087 billion are unemployed in the euro area. Eurostat data further highlights that compared to February, the number of unemployed people in the EU fell by 74,000 people and in the Eurozone by 94,000 people. . Compared to March last year, there were 175,000 more unemployed people in the EU and 51,000 fewer people in the euro area. Among major economies, the proportion recorded in Italy was 7.2 percent. (Decreased from 7.4% in February 2023 and 7.9% in March)3.2 percent in Germany, 3.6 percent in the Netherlands, 7.3 percent in France and 11.7 percent in Spain.
Regarding youth unemployment, as of March there were 2.858 billion unemployed people under the age of 25 in the EU, of which 2.259 billion were in the euro area, making the EU unemployment rate 14.6%. . (down from 14.7% in February 2024)14.1% in the euro area (down from 14.4% last month). Compared to February, youth unemployment fell by 11,000 in the EU and by 30,000 in the euro area. Italy recorded 20.1 percent, an improvement compared to February's 22.4 percent. However, in terms of gender-disaggregated data, the unemployment rate for women in the EU in March was 6.4 percent, stable compared to February, while the unemployment rate for men was 5.7 percent, down from 5.8 percent in the previous month. . .
in the euro areaHowever, the unemployment rate for women was stable at 7% compared to February, while the unemployment rate for men was 6%, down from 6.1% in the previous month. In Italy, the unemployment rate for men is 6.1%. (February 6th and 4th)the unemployment rate for women is 8.8% (Stable compared to February).
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