.png)
.png)
Euro area unemployment rate at 12.2%
EU27 unemployment at 11.0% in April
31 May 2013, 12:00am
Staff Reporter
Staff Reporter
2 min read
The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in April 2013, up from 12.1% in March. The EU27 unemployment rate was 11.0%, unchanged compared with the previous month. In both zones, rates have risen markedly compared with April 2012, when they were 11.2% and 10.3% respectively. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 26.588 million men and women in the EU27, of whom 19.375 million were in the euro area, were unemployed in April 2013. Compared with March 2013, the number of persons unemployed increased by 104,000 in the EU27 and by 95,000 in the euro area. Compared with April 2012, unemployment rose by 1.673 million in the EU27 and by 1.644 million in the euro area.
Member States
Among the Member States, the lowest unemployment rates were recorded in Austria (4.9%), Germany (5.4%) and Luxembourg (5.6%), and the highest in Greece (27.0% in February 2013), Spain (26.8%) and Portugal (17.8%).
Compared with a year ago, the unemployment rate increased in eighteen Member States and fell in nine. The highest increases were registered in Greece (21.9% to 27.0% between February 2012 and February 2013), Cyprus (11.2% to 15.6%), Spain (24.4% to 26.8%) and Portugal (15.4% to 17.8%). The largest decreases were observed in Latvia (15.5% to 12.4% between the first quarters of 2012 and 2013), Estonia (10.6% to 8.7% between March 2012 and March 2013) and Ireland (14.9% to 13.5%).
In April 2013, the unemployment rate in the United States was 7.5%, down from 7.6% in the previous month and from 8.1% in April 2012.
Youth unemployment
In April 2013, 5.627 million young persons (under 25) were unemployed in the EU27, of whom 3.624 million were in the euro area. Compared with April 2012, youth unemployment rose by 100,000 in the EU27 and by 188,000 in the euro area. In April 2013, the youth unemployment rate was 23.5% in the EU27 and 24.4% in the euro area, compared with 22.6% in both zones in April 2012. In April 2013, the lowest rates were observed in Germany (7.5%), Austria (8.0%) and the Netherlands (10.6%), and the highest in Greece (62.5% in February 2013), Spain (56.4%), Portugal (42.5%) and Italy (40.5%).
Joseph MELI •
This is the spin of the Eurostat survey marionettes machine being engaged on FULL cycle.Take a look at the horrendous youth unemployment figures in the bailout countries to provie a true reflection of the unemployment in the EU and not the concocted and manipulated overall statistic.These people have little hope of a job and what would be more meaningful to provide is figures on how many people have emigrated from the EU -and in partcular eurozone countries-in search of work!
