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Unemployment Rate

The unemployment rate is the percentage of working-age population who are actively looking for a job but can't find it. A low or falling unemployment rate is associated with increased expenditure, given that more people are employed and have incoming wages.

This is a significant indicator of economic activity in a region, particularly because it is released earlier than the GDP. However, it receives less attention, because the corresponding figures for member countries are released before the aggregate rate for the Eurozone.

  • Release Frequency: monthly.
  • Release Schedule: 09:00 GMT, two months after the reporting period, the first week of the month.
  • Source: Eurostat.