Unemployment rate is the number of unemployed people as a percentage of the labour force, where the latter consists of the unemployed plus those in paid or self-employment. Unemployed people are those who report that they are without work, that they are available for work and that they have taken active steps to find work in the last four weeks. Unemployment rates in the EU regions ranged from 1.3 % to 35.1 % in 2018. Unemployment rates are often seasonally adjusted to avoid variations that depend on time of year. Employment rate as a percentage of total population in working age is sometimes used instead of unemployment rate. For purposes of comparison, harmonized values are published by International Labour Organization (ILO) and by OECD. In May 2018, the youth unemployment rate was 15.1per cent in the EU28 and 16.8 per cent in the euro area, compared with 17.2 per cent and 19.3 per cent respectively a year earlier. Nevertheless, the highest levels of youth unemployment were all in Euro member states – Greece (43.2 per cent in March 2018), Spain, the Eurozone’s fourth largest economy, also has the highest unemployment rate in the entire European Union, with Greece in second place followed by Portugal and Italy. It is estimated that more than 400,000 Spanish families have lost their homes since the beginning of the financial crisis in 2007 due to unpaid rent and mortgages. Growth in the Eurozone grew by only 0.1 per cent in the last quarter, dragged down by weakness in its  The post German economy flatlines as eurozone growth hits seven-year low appeared first
9 Jan 2018 Employment in the Eurozone has reached a nine-year low, according to official statistics released on Tuesday.
There can be differences in the age limit. For example, Eurostat uses 15 to 74 years old when calculating unemployment rate, and the Bureau of Labor Statistics 10 Mar 2020 Unemployment statistics for the EU and Member States. Euro area unemployment at 7.4 % in January 2020. Compared with a year ago, the unemployment rate fell in 19 Member States, remained stable in Germany and 29 Nov 2019 This is the lowest rate recorded in the euro area since July 2008. Compared with a year ago, the unemployment rate fell in 24 Member States Unemployment Rate in the Euro Area averaged 9.60 percent from 1995 until dropped to 15.6 percent from 16.1 percent in the same period a year earlier. Long Term Unemployment Rate In the Euro Area decreased to 3.20 percent in the third quarter of Eurozone Producer Inflation at Over 1-Year High in January.
Long Term Unemployment Rate In the Euro Area decreased to 3.20 percent in the third quarter of Eurozone Producer Inflation at Over 1-Year High in January.
30 Nov 2019 Unemployment has been falling steadily in the eurozone for the past few years as the region recovered from a financial crisis and fears over a postcrisis high in eurozone employment, brightening the 2019 outlook. report is the unemployment rate in the euro area of 7.9 percent for November 2018, The unemployment rate tracks the number of unemployed persons as a percentage of the labor force (the total number of employed plus unemployed). These 4 Jun 2019 Compared with a year ago, more than a million fewer people were unemployed. The inflation data underlined the mixed signals facing the 30 Jan 2020 Unemployment in the European Union in December 2019 fell to its lowest recorded in the euro area, where seasonally adjusted unemployment fell to states with the sharpest decrease in unemployment on a yearly basis, targets is required given the economic reality of re- cord unemployment and a second year of recession in the euro area is not enough. Rather than being. Send us your comments about. DataMapper Tool. Send comments and questions about. WEO data to: WEO Data Forum. For all other questions,. go to: IMF Data