November Euro Area unemployment at 9.8 % and EU28 at 8.3 %

November Euro Area unemployment at 9.8 % and EU28 at 8.3 %

The Euro Area (EA19) seasonally-adjusted unemployment rate was 9.8 % in November 2016, stable compared to October 2016 and down from 10.5 % in November 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 unemployment rate was 8.3 % in November 2016, down from 8.4 % in October 2016 and from 9.0 % in November 2015. This is the lowest rate recorded in the EU28 since February 2009. These figures are published by Eurostat, the statistical office of the European Union

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Eurostat estimates that 20.429 million men and women in the EU28, of whom 15.898 million were in the euro area, were unemployed in November 2016. Compared with October 2016, the number of persons unemployed decreased by 41000 in the EU28 and by 15 000 in the euro area. Compared with November 2015, unemployment fell by 1.552 million in the EU28 and by 972 000 in the Euro Area.

Youth unemployment

In November 2016, 4.280 million young persons (under 25) were unemployed in the EU28, of whom 3.007 million were in the euro area. Compared with November 2015, youth unemployment decreased by 137 000 in the EU28 and by 42000 in the Euro Area. In November 2016, the youth unemployment rate was 18.8 % in the EU28 and 21.2 % in the euro area, compared with 19.5 % and 21.8 % respectively in November 2015. In November 2016, the lowest rate was observed in Germany (6.7 %), while the highest were recorded in Greece (46.1 % in September 2016), Spain (44.4 %) and Italy (39.4 %).

Member States

Among the Member States, the lowest unemployment rates in November 2016 were recorded in the Czech Republic (3.7 %) and Germany (4.1 %). The highest unemployment rates were observed in Greece (23.1 % in September 2016) and Spain (19.2 %).

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Compared with a year ago, the unemployment rate in November 2016 fell in twenty-four Member States, while it increased in Estonia (from 6.3 % to 7.4 % between October 2015 and October 2016), Cyprus (from 13.2 % to 14.2 %), Denmark (from 6.1 % to 6.5 %) and Italy (from 11.5 % to 11.9 %). The largest decrease was registered in Croatia (from 15.7 % to 11.4 %).

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In November 2016, the unemployment rate in the United States was 4.6 %, down from 4.9 % in October 2016 and from 5.0 % in November 2015.

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http://ec.europa.eu/eurostat


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