The level of unemployment in the eurozone did not change in January, official data showed on Thursday, as the COVID-19 crisis kept its grip on the European economy.

Eurostat, the EU’s statistics agency, said unemployment was at 8.1 per cent in the 19 countries that use the euro single currency, the same as a revised figure for December.

Youth unemployment, which has skyrocketed during the COVID crisis, edged lower to 17.1 per cent, Eurostat said.

That still remained higher than a year before, just before a wave of lockdowns crushed the economy, when unemployment in the eurozone had stood at 7.4 per cent, with youth unemployment at 15.6 per cent.

Joblessness in Europe exploded sharply in the spring of 2020, the  result of the landmark recession as restrictions on movement kept people at home in many countries across the globe.

Unemployment managed to edge lower in the summer, but the return of restrictive measures in the autumn, including the closure of hotels and restaurants, has caused renewed problems.

The unemployment rate in the 27 countries of the European Union followed the same trend, standing at 7.3 per cent in January, stable compared to December, but 0.7 points higher than a year ago.

The Czech Republic and Poland had the lowest unemployment rates in the bloc, at just above three per cent.

The Czech Republic and Poland had the lowest unemployment rates in the bloc, at just above 3%

In contrast, the highest unemployment rates were recorded in Spain, at 16 per cent, Lithuania at 9.6 per cent and Sweden at 8.8 per cent. 

The latest data for Italy and Greece, some of the hardest hit countries by the pandemic, were not available.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.