LU3: Combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income
Northern, Southern and Western Europe: Upper-middle income: LU3: Combined rate of unemployment and potential labour force was 12.65 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income, 2004–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income is 12.65, measured in 2027. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 0.9% on the previous year and down 45.8% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income peaked at 33.96 in 2005 and was at its lowest, 12.65, in 2027.
Northern, Southern and Western Europe: Upper-middle income ranks 21st of 87 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
LU3: Combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 32.68 | — |
| 2005 | 33.96 | +3.9% |
| 2006 | 33.64 | -0.9% |
| 2007 | 31.17 | -7.4% |
| 2008 | 26.59 | -14.7% |
| 2009 | 27.86 | +4.8% |
| 2010 | 30.21 | +8.5% |
| 2011 | 31.16 | +3.1% |
| 2012 | 32.05 | +2.9% |
| 2013 | 31.38 | -2.1% |
| 2014 | 30.52 | -2.7% |
| 2015 | 29.39 | -3.7% |
| 2016 | 26.8 | -8.8% |
| 2017 | 23.32 | -13.0% |
| 2018 | 21.3 | -8.7% |
| 2019 | 18.62 | -12.6% |
| 2020 | 19.42 | +4.3% |
| 2021 | 17.25 | -11.2% |
| 2022 | 14.58 | -15.5% |
| 2023 | 13.53 | -7.2% |
| 2024 | 12.8 | -5.4% |
| 2025 | 12.85 | +0.4% |
| 2026 | 12.77 | -0.6% |
| 2027 | 12.65 | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.98 | 26.59 | 33.96 | 6 |
| 2010s | 27.48 | 18.62 | 32.05 | 10 |
| 2020s | 14.48 | 12.65 | 19.42 | 8 |
More work & labour data for Northern, Southern and Western Europe: Upper-middle income
- Labour force (ILO modelled estimates) 7,209 (2027)
- Labour force participation rate (ILO modelled estimates) 56.86 (2027)
- Persons outside the labour force (ILO modelled estimates) 5,470 (2027)
- Unemployment rate (ILO modelled estimates) 9.26 (2027)
- Labour dependency ratio 1.27 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 59,875 (2027)
- Output per worker, GDP constant 2015 US $ 18,683 (2027)
- Employment-to-population ratio (ILO modelled estimates) 51.59 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) -0.3463 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.6465 % change on previous year (2027)
All data for Northern, Southern and Western Europe: Upper-middle income →
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income?
- Lu3: combined rate of unemployment and potential labour force in Northern, Southern and Western Europe: Upper-middle income was 12.65 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Northern, Southern and Western Europe: Upper-middle income?
- The highest recorded value was 33.96 in 2005.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Northern, Southern and Western Europe: Upper-middle income?
- The lowest recorded value was 12.65 in 2027.
- How does Northern, Southern and Western Europe: Upper-middle income rank for lu3: combined rate of unemployment and potential labour force?
- Northern, Southern and Western Europe: Upper-middle income ranks 21st out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Northern, Southern and Western Europe: Upper-middle income?
- Over the last ten years it is down 45.8%. The long-run trend across the full record is falling.
- Where does this Northern, Southern and Western Europe: Upper-middle income data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.