The unemployment rate in May Eurozone It remained stable at a record low of 6.4 percent, Eurostat data showed, marking the second consecutive month at that level. european unionAccording to the country's official statistics agency, this rate is the lowest on record. Eurozone Since 1998, just before the euro was introduced in January 1999.
Across the European Union, the unemployment rate also remained stable for the third consecutive month, remaining at 6.0%.
Spain had the highest unemployment rate in May 2024 at 11.7%, followed by Greece at 10.6%, Sweden at 8.4% and Finland at 8.2%. Conversely, the lowest unemployment rates were in the Czech Republic at 2.7%, Poland at 3.0%, Malta at 3.2% and Germany at 3.3%.
Bulgaria The unemployment rate fell from 4.5% in April to 4.4% in May, before returning to the previous year's level in May 2023.
According to Eurostat data, as of May 2024, a total of 13.2 million people are unemployed in Europe, of which 11.078 million are in the Eurozone Compared to April 2024, the number of unemployed people increased by 13,000. european union In the euro area, the number of unemployed increased by 38,000. Compared to the previous year, the number of unemployed people in Europe as a whole increased by 163,000, and in the euro area it increased by 3,000.
in BulgariaThe number of unemployed people in May 2024 fell to 138,000 from 141,000 in April. However, this figure represents an increase of 5,000 compared to May 2023, when 133,000 Bulgarians were unemployed.
Youth unemployment rate european union It fell from 14.5% in April to 14.4% in May. Eurozoneremaining stable at 14.2% for the second consecutive month. BulgariaYouth unemployment fell to 14.0% in May from 14.5% in April, but was still higher than the 11.9% recorded in May 2023, according to Eurostat data.
