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News>Euro area unemployment

Euro area unemployment down to 7.6%
Jan 5, 2007 - Euro area (EA12) seasonally-adjusted unemployment stood at 7.6% in November 2006, compared to 7.7% in October. It was 8.4% in November 2005. The EU25 unemployment rate was 7.7% in November 2006, compared to 7.8% in October. It was 8.6% in November 2005.

In November 2006, the lowest rates were registered in Denmark (3.3% in October), the Netherlands (3.8%), Ireland (4.2%), Estonia (4.5%) and Austria (4.6%). Unemployment rates were highest in Poland (13.6%), Slovakia (12.3%), Greece (8.7% in the third quarter of 2006), France (8.6%) and Spain (8.4%).

These figures come from Eurostat, the Statistical Office of the European Communities.

Amongst the EU25 Member States for which data are available, twenty recorded a fall in their unemployment rate over a year, three reported an increase, while the rate remained stable in Malta. The largest relative falls were observed in Estonia (7.4% to 4.5%), Denmark (4.3% in October 2005 to 3.3% in October 2006), Slovakia (15.7% to 12.3%) and Poland (17.1% to 13.6%). The only increases were registered in the United Kingdom (4.9% in September 2005 to 5.5% in September 2006), Luxembourg (4.5% to 4.8%) and Hungary (7.4% to 7.7%).

The unemployment rate for males fell from 7.2% to 6.3% between November 2005 and November 2006 in the euro area and from 7.7% to 6.7% in the EU25. The female unemployment rate declined from 9.9% to 9.2% in the euro area and from 9.7% to 8.9% in the EU25.

In November 2006, the unemployment rate for under-25s was 16.1% in the euro area and 16.7% in the EU25. In November 2005 it was 17.4% and 18.3% respectively. The lowest rates for under-25s were observed in Denmark (6.5% in October 2006), the Netherlands (6.5%), Ireland (8.6%) and Austria (9.0%); the highest in Poland (27.4%), Greece (24.7% in the third quarter of 2006), Slovakia (24.3%) and France (21.4%).

Source: "Euro area unemployment down to 7.6%", Europa, January 05, 2007


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