According to data published by the European Union statistical office Eurostat, Latvia’s unemployment rate reached 6.8% in June.
European Union Unemployment Comparisons and Regional Ranks
Eurostat figures show that the bloc-wide unemployment rate remained stable at 6%, while the euro area sat at 6.3% on a seasonally adjusted basis. Across the European Union, a total of 13.317 million individuals were without work in June, with 11.130 million of those unemployed residing within euro area member states, according to the statistical office.
Among individual EU member states, higher jobless rates than Latvia’s 6.8% were recorded in Finland at 10.5%, Spain at 10.1%, Sweden at 8.7%, France at 8.2%, Greece at 8%, Luxembourg at 7.1%, and neighboring Lithuania at 6.9%. Meanwhile, Estonia registered a slightly lower unemployment rate of 6.6%, according to Eurostat data.
Lowest Jobless Rates Across the Bloc
Bulgaria and Cyprus both reported the lowest rates in the bloc at 3%, followed closely by Poland at 3.1%, Czechia at 3.3%, and Malta at 3.5%, according to Eurostat.
Did you know?
Frequently Asked Questions
What was Latvia’s unemployment rate in June?
According to Eurostat data, Latvia’s unemployment rate was 6.8% in June.
How does Latvia’s rate compare to the EU average?
Latvia’s 6.8% jobless rate was higher than the European Union average of 6% and the euro area average of 6.3%, as reported by Eurostat.
Which EU countries had the highest unemployment in June?
Finland recorded the highest unemployment rate in the EU at 10.5%, followed by Spain at 10.1% and Sweden at 8.7%, according to Eurostat.
Explore More and Stay Connected: Get deeper insights, expert commentary, and practical content tailored to your needs. Follow our updates across social media platforms and join our community of readers today to stay informed on the latest economic data and labor market trends.
Related reading