Falling energy and input prices helped ease cost pressures for European businesses in April, allowing them to retain more employees.
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The Eurozone unemployment rate fell to 6.2% in April from 6.3% in March, matching the record low recorded in December 2024, according to Eurostat.
This decline was mainly driven by easing energy and intermediate input prices as well as stabilising inflation. These developments have given companies greater financial flexibility, reducing the need to lay off workers in order to afford materials and cover bills.
The creation of more job opportunities through the ongoing green and digital transition has also contributed to decline in Eurozone unemployment.
The number of people without jobs fell by 207,000 in April compared to the previous month, bringing the total to 10.7 million. In the European Union, there were 12.9 million people without a job in April, which was a decrease of 188,000 compared to March 2025.
Similarly, the youth unemployment rate in the Eurozone, reflecting job seekers under the age of 25, fell to a four-month low of 14.4%, down from 14.8% in March.
Germany recorded one of the lowest unemployment rates in the Eurozone in April, at 3.6%, while the Netherlands’ unemployment rate was 3.8%. On the other hand, Spain recorded an unemployment rate of 10.9% in April, while Italy’s unemployment rate was 5.9%. The French unemployment rate was 7.1%.
