Thursday, April 30, 2015

Eurozone unemployment rate stabilizes at 11.3% of … – RTP


 As for the total of the European Union, the European statistical office estimates that the unemployment rate corrected for seasonal variations in March was 9.8%, again the same amount as the previous month. In March 2014, the average unemployment rate of all the 28 Member States was 10.4%.
 

 On Wednesday, the National Statistics Institute (INE) released data from unemployment to Portugal, having estimated that the unemployment rate was 13.5% in March, down 0.1 percentage points than in February and less 1 , 2 percentage points per year same period.
 

 Having regard to the data released today in Brussels, compared to other Member States, Portugal in March had the fifth highest unemployment rate, behind Greece (25.7% with respect to January value), Spain (23%) , Croatia (18.2%) and Cyprus (16%).
 

 Germany still had in March the lowest unemployment rate, 4.7%.
 

 Face a year ago, the unemployment rate fell in 22 Member States being the most significant setbacks the Ireland (12% to 9.8%), Spain (from 25.1% to 23%) and Poland (9 6% to 7.7%). Among the five countries that increased unemployment, especially Croatia (17.3% to 18.2%), Finland (8.4% to 9.1%) and Italy (12.4% to 13% ). Already in Austria unemployment remained stable year on year.
 

 Eurostat estimates that in March was 23.748 million jobless workers in the EU, of which 18.105 million are in the euro zone.
 

 Already youth unemployment reached 4.804 million people under 25 years in 28 countries, of which 3.215 million in 19 of the single currency. This means a youth unemployment rate of 20.9% in the EU and 22.7% in the euro area, down from 22.8% to 24.2% in February, respectively.
 

 In Portugal, in March, the unemployment rate among young people stood at 33.8%, up from 33.7% estimated for February.
 

 Countries with more unemployment among young people are Greece (50.1% in January), Spain (50.1%), Croatia (45.5% in the first quarter) and Italy (43.1%), positioning itself well Portugal as the fifth country with young unemployed.
 

 As for the rate of overall unemployment, Germany is also the Member State with less unemployed young people, reaching 7.2% of people under 25 years.
 

tags: % Cyprus, Croatia, Ireland, Italy, Poland,

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