ZAGREB, 30 July 2021 - The seasonally-adjusted unemployment rate fell both in the EU and the euro area in June 2021, while in Croatia it was slightly above the EU average, a Eurostat report showed on Friday.
The EU unemployment rate was 7.1% in June 2021, down from 7.3% in May 2021 and down from 7.3% in June 2020. The euro area unemployment rate was 7.7%, down from 8.0% in May 2021 and
from 8.0% in June 2020.
An estimated 14.916 million men and women in the EU, of whom 12.517 million in the euro area, were unemployed in June 2021. Compared with May 2021, the number of persons unemployed decreased by 487,000 in the EU and by 423,000 in the euro area. Compared with June 2020, unemployment decreased by 397,000 in the EU and by 339,000 in the euro area.
Highest unemployment in Greece and Spain
The highest unemployment rates in June 2021 were recorded in Greece and Spain (both 15.1%), followed by Italy (9.7%) and Sweden (9.2%). The lowest rates were observed in Czechia (2.8%), the Netherlands (3.2%), Malta and Poland (both 3.6%).
In Croatia, the unemployment rate was 7.4%, down by half a percentage point from May. A total of 132,000 people were out of work in Croatia in June, which is 10,000 fewer than in May. Compared with June 2020, their number declined by 23,000.
Youth unemployment
In June 2021, 2.967 million young persons (under 25) were unemployed in the EU, of whom 2.431 million were in the euro area. The youth unemployment rate was 17.0% in the EU and 17.3% in the euro area, down from 17.6% and 17.9% respectively in the previous month. Compared with May 2021, youth unemployment decreased by 112,000 in the EU and by 78,000 in the euro area. Compared with June 2020, youth unemployment decreased by 152,000 in the EU and by 110,000 in the euro area.
The highest youth unemployment rate in June 2021 was registered in Greece (37.1%), followed by Spain (30.4%) and Italy (29.4%). The lowest rates were observed in Czechia (7.1%), Germany (7.5%) and the Netherlands (7.6%).
In Croatia, which is not required to submit monthly reports on youth unemployment, but quarterly, the youth unemployment rate in the second quarter of the year was 22.9%, up by 2.1% compared with the previous quarter. A total of 33,000 young people in Croatia were out of work in the second quarter, 4,000 fewer than in the first quarter. Compared with the second quarter of 2020, their number fell by 5,000.
For more on business on Croatia, CLICK HERE.
