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01.04.202609:08:31UTC+00Euro Area Jobless Rate Slightly Above Forecasts

The seasonally adjusted unemployment rate in the Euro Area inched up to 6.2% in February 2026, from January’s record low of 6.1%, defying market expectations for a steady reading. The number of unemployed increased by 93,000 over the month, reaching 10.919 million people.

The youth unemployment rate, covering those under 25 seeking work, held steady at 14.9% in February. Among the bloc’s largest economies, Spain (9.8%), France (7.8%), and Italy (5.3%) registered the highest unemployment rates, while Germany (4.0%) and the Netherlands (4.1%) recorded the lowest. A year earlier, the Euro Area unemployment rate had been slightly higher, at 6.3%.

Across the broader European Union, the unemployment rate remained unchanged at 5.9% for the third month in a row.

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