Europa Posted on 2025-08-02 12:58:00

Eurozone unemployment at record lows - Southern European countries lead job growth

From Kristi Ceta

Eurozone unemployment at record lows - Southern European countries lead job

Unemployment in the eurozone has hit historic lows in recent months, with southern European countries such as Spain, Italy and Portugal leading the way in job growth, easing economic uncertainty.

The eurozone's seasonally adjusted unemployment rate was 6.2% in June 2025, unchanged from May and lower than the 6.4% figure in June 2024.

According to data published by Eurostat, the unemployment rate across the EU was 5.9% in June 2025, also stable compared to May and down from 6.0% in the previous June.

In total, around 12.97 million people were unemployed in the EU this June, of which 10.7 million in the euro area. Among member states, the lowest rate was recorded in Malta (2.5%), while the highest was in Spain (10.4%).

However, job expansion is stronger in southern eurozone countries, compared to northern economies where figures have declined in recent years.

Unemployment has fallen in Spain, Italy and Portugal, while it has remained stable in Germany, France, Belgium and the Netherlands. Countries such as Austria, Poland, Denmark and Finland have seen increases.

"The eurozone economy is facing great uncertainty at the moment, but surveys of business activity and employment are not negative," the experts explain.

According to them, unemployment is expected to continue to remain near historical lows. “This trend mitigates the impact of economic uncertainty on domestic demand, which reinforces the expectation for continued growth in the coming quarters,” the analysts say.

 

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