The amount of citizens out of a job remains historically low, although the eurozone is bracing itself for the effect of US tariffs.
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The eurozone unemployment rate was stable on a monthly basis in March at 6.2%, using a seasonally adjusted figure.
That’s a record low and down from 6.5% in March 2024.
In the EU, meanwhile, the unemployment rate was 5.8% in March 2025, also stable on the month, and down from 6.0% in March 2024.
To look at the underlying headcount, around 12.9 million people in the EU were unemployed in March 2025, and 10.8 million of these were in the eurozone.
Compared with February 2025, unemployment increased by 74,000 in the EU and by 83,000 in the eurozone.
Year-on-year, March’s unemployment total decreased by 340,000 in the EU and by 288,000 in the eurozone.
In March 2025, the youth unemployment rate was 14.5% in the EU, down from 14.6% in the prior month. This total looks at citizens under 25.
In the eurozone, the youth unemployment rate was 14.2% in March, down from 14.3% in the previous month.
Although employment is at a historic low, the eurozone is now bracing for the effects of a trade war instigated by US President Donald Trump.
The region’s economy grew more than expected at the start of the year, data confirmed earlier this week.
Nonetheless, economists predict that tariffs on EU goods going to the US, along with potential retaliatory tariffs, could hinder further expansion this year.