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Unemployment Rate (EUR)

The percentage of the total labor force that is unemployed but actively seeking employment. A low unemployment rate is a key Central Bank mandate and signals tight labor market conditions, often leading to wage inflation. Falling unemployment is bullish for the domestic currency as it increases the likelihood of higher interest rates.

Category: Labor Market

API Endpoint

/api/eur/unemployment
Or view detailed, interactive documentation: Open Swagger Docs

Data Source

Primary Source

ECB/Eurostat

Official Series ID

ECB.M.U2.S.N.A.E.U2.PT_M

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Percent, Seasonally Adjusted

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

[
  {
    "date": "YYYY-MM-DD", 
    "val": 0.00
  },
  {
    "date": "2024-07-01", 
    "val": 4.2 
  },
  // ... history 
]

Request Parameters & Usage

Parameter Required Format Description
start YES YYYY-MM-DD The start date for the data retrieval.
end NO YYYY-MM-DD The end date for the data retrieval. Defaults to today's date.
key YES string Your unique API key for authentication.

Example Usage

To retrieve the Unemployment Rate data for EUR starting from the beginning of 2023: 

GET https://fxmacrodata.com/api/eur/unemployment?start=2023-01-01&key=YOUR_API_KEY