Eurozone unemployment stable at 6.2% in May, Finland now highest

The eurozone unemployment rate held steady at 6.2% in May, matching its historic low, while the EU-wide rate remained at 5.9%, according to Eurostat. 13.16 million people were unemployed in the EU, with 10.98 million in the eurozone.

Country disparities

Finland overtook Spain as the EU country with the highest unemployment rate, though sources differ on the precise figure: Infobae reports 10.6% Source: Infobae, while El Mundo cites 10.8% Source: El Mundo. Spain followed at 10.3%, and both remain well above the EU average. The lowest rates were in Bulgaria and Czechia (2.9% each).

Youth and gender gaps

Youth unemployment (under 25) rose slightly to 15.2% in the EU but stayed at 14.7% in the eurozone. Sweden (24.4%), Finland (23.9%) and Spain (23.7%) had the highest youth rates. The gender gap persisted: EU women’s unemployment was 6.2% vs 5.7% for men, with Greece and Spain showing the largest disparities. Source: Infobae