In August 2021, the euro area seasonally-adjusted unemployment rate was 7.5%, down from 7.6% in July 2021 and from 8.6% in August 2020. The EU unemployment rate was 6.8% in August 2021, down from 6.9% in July 2021 and from 7.7% in August 2020, according to figures are published by Eurostat, the statistical office of the European Union.
In the case of Cyprus, the unemployment rate fell significantly to 4.4% (20 thousand people) in August 2021, compared to 5.2% in July 2021 (23 thousand) and compared to 8.6% (39 thousand) in August last year.
Eurostat estimates that 14,469 million men and women in the EU, of whom 12,162 million in the euro area, were unemployed in August 2021. Compared with July 2021, the number of persons unemployed decreased by 224 thousand in the EU and by 261 thousand in the euro area. Compared with August 2020, unemployment decreased by
Source: Cyprus News Agency