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EU Hits Record 70.9% Employment, Unemployment Falls to 5.7%

4/21/2025

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Story summary
  • The EU employment rate reached a historic 70.9% in Q4 2024, with eight member states setting new records.
  • February 2025 saw the unemployment rate drop to 5.7%, the lowest level since 2000.
  • Poland reported the lowest unemployment rate at 2.6%, while Spain had the highest at 10.4%.
  • Germany maintained a competitive unemployment rate of 3.5% among major economies.