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Wednesday, August 31, 2016

EU - The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015... - EUROSTAT

Press Release - July 2016 Euro area unemployment at 10.1% EU28 at 8.6% 


The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. 

This remains the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in July 2016, stable compared to June 2016 and down from 9.4% in July 2015. This remains the lowest rate recorded in the EU28 since March 2009. These figures are published by Eurostat, the statistical office of the European Union. 

Eurostat estimates that 21.063 million men and women in the EU28, of whom 16.307 million were in the euro area, were unemployed in July 2016. Compared with June 2016, the number of persons unemployed decreased by 29 000 in the EU28 and by 43 000 in the euro area. Compared with July 2015, unemployment fell by 1.688 million in the EU28 and by 1.034 million in the euro area. 

Member States

 Among the Member States, the lowest unemployment rates in July 2016 were recorded in Malta (3.9%) as well as in the Czech Republic and Germany (both 4.2%). The highest unemployment rates were observed in Greece (23.5% in May 2016) and Spain (19.6%). 

Compared with a year ago, the unemployment rate in July 2016 fell in twenty-four Member States, remained stable in Denmark, while it increased in Estonia (from 6.1% to 7.0% between June 2015 and June 2016), Austria (from 5.7% to 6.0%) and Belgium (from 8.1% to 8.3%). The largest decreases were registered in Cyprus (from 15.0% to 11.6%), Croatia (from 16.5% to 13.2%) and Spain (from 21.9% to 19.6%). In July 2016, the unemployment rate in the United States was 4.9%, stable compared to June 2016 and down from 5.3% in July 2015.



page source http://ec.europa.eu/eurostat