The seasonally adjusted unemployment rate in the eurozone was 6.2% in June, stable compared to May and lower than the 6.4% recorded in June 2024.

According to Eurostat data published on July 31, the unemployment rate in the EU was 5.9% in June 2025, which is also stable compared to May 2025 and lower than the 6.0% recorded in June 2024.

A total of around 12.97 million people in the EU were unemployed in June this year, with 10.7 million of them in the eurozone.

Among the member states, the lowest unemployment rate was in Malta (2.5%), and the highest was in Spain (10.4%).

However, employment growth is stronger in the southern eurozone countries than in the northern economies, where unemployment has been rising in recent years.

Unemployment fell in Spain, Italy, and Portugal, while in Germany, France, Belgium, and the Netherlands, it remained stable. Countries such as Austria, Poland, Denmark, and Finland saw an increase.

"The eurozone economy is currently facing enormous uncertainty, but business surveys on activity and hiring actually don't look that bad," said Bert Colijn, chief economist at ING in the Netherlands.

"This makes it likely that unemployment will continue to hover around its current historic low. Low unemployment weakens the impact of economic uncertainty on domestic demand, which contributes to our view of continued economic growth in the coming quarters," Colleen added.

Some member states also published inflation data.

France's INSEE institute recorded annual consumer price inflation of 1% in July, unchanged from the annual figure for June, while price pressure increased by 0.2% on a monthly basis in July.

Italian inflation remained unchanged from the annual figure for June and, according to Istat, stood at 1.7% in July, slightly above expectations. On a monthly basis, the consumer price index rose by 0.4%. | BGNES