The number of unemployed persons In the Euro Area decreased to 12949 Thousand in November of 2018 from 13080 Thousand in October of 2018. Unemployed Persons in the Euro Area averaged 14660.77 Thousand from 1995 until 2018, reaching an all time high of 19193 Thousand in April of 2013 and a record low of 11403 Thousand in March of 2008.
Unemployed Persons in Euro Area is expected to be 13000.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Euro Area to stand at 12500.00 in 12 months time. In the long-term, the Euro Area Unemployed Persons is projected to trend around 12100.00 Thousand in 2020, according to our econometric models.