The European Union’s unemployment rate stood at 7.3% in April while the euro area seasonally-adjusted unemployment rate was 8.0%, EU statistics agency Eurostat said on Tuesday.
“In April 2021, the euro area seasonally-adjusted unemployment rate was 8.0%, down from 8.1% in March 2021 and up from 7.3% in April 2020. The EU unemployment rate was 7.3% in April 2021, stable compared with March 2021 and up from 6.7% in April 2020,” Eurostat said in a press release.
According to the release, there are approximately 15 million unemployed men and women in the EU, including an estimated 13 million in the euro area, as of April 2021. Compared with the unemployment report in the previous month, “the number of persons unemployed decreased by 165,000 in the EU and by 134,000 in the euro area.”
In comparison with the April 2020 report, unemployment increased by 1.406 million in the EU and 1.275 million in the euro area.
An estimated 2,939 million young people under 25 years were reported to be jobless in the EU. In contrast with March 2021, youth unemployment fell by 21,000.
On a gender basis, women’s unemployment rate was pegged at 7.6% in the EU, while men’s unemployment rate stood at 7.0%.