Euro area unemployment registered a slight increase and sits at 7.9%

In July 2020 the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in June 2020.

The EU unemployment rate was 7.2% in July 2020, up from 7.1% in June 2020, shows Eurostat.

Eurostat estimates that 15.184 million men and women in the EU, of whom 12.793 million in the euro area, were unemployed in July 2020.

Compared with June 2020, the number of persons unemployed increased by 336.000 in the EU and by 344.000 in the euro area.

The unemployment rate for women was 7.5% in the EU, up from 7.3% in June 2020. The unemployment rate for men was 7.0% in July 2020, up from 6.8% in June 2020.

In the euro area, the unemployment rate for women increased from 8.0% in June 2020 to 8.3% in July 2020 while it increased from 7.5% to 7.6% for men.