CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

March 2020: Euro area unemployment at 7.4%

In March 2020, the month when COVID-19 containment measures began to be widely introduced by Member States, the euro area seasonally-adjusted unemployment rate was 7.4%, up from 7.3% in February 2020.

The EU unemployment rate was 6.6% in March 2020, up from 6.5% in February 2020.

Eurostat estimates that 14.141 million men and women in the EU, of whom 12.156 million in the euro area, were unemployed in March 2020. Compared with February 2020, the number of persons unemployed increased by 241 000 in the EU and by 197 000 in the euro area.


Unemployment by gender

In March 2020,

  • the unemployment rate for women was 7.0% in the EU, up from 6.7% in February 2020.
  • The unemployment rate for men was 6.3% in March 2020, compared with 6.2% in February 2020.
  • While in the euro area the unemployment rate remained stable for men in March 2020 compared with February 2020 (at 7.0%), it increased from 7.6% to 7.8% between February and March 2020 for women.


Further information:

Euro area unemployment March 2020

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Posted in General Market News

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