Showing posts with label Eurozone. Show all posts
Showing posts with label Eurozone. Show all posts

Is the euro-zone unemployment rate


1. April 2011 last updated at 11: 13 GMT Unemployed people queue outside an unemployment registry office in Madrid Spain has always or the highest rate of unemployment in the euro area the unemployment rate in the euro area, began to fall, official figures show.

The proportion of unemployed below 10%, appeared for the first time in more than a year after sunk in February to 9.9%.

However, the unemployment rate far within the 17 countries of the euro area is, Eurostat figures show.

Spain's unemployment rate is 20.5%, while 4.3% of the Netherlands population is unemployed.

Have Spain's unemployment rate edges up in February amounted to 20.4% in the previous month.

But in Germany the unemployment rate fell further and now stands at 6.3%.

Eurostat, to compile the official figures had estimated previously unemployment rate for January the euro area to 9.9%, but this was revised up to 10%.

Eurostat estimates that 15.8 million people in 17 countries are unemployed, which have adopted the euro.

The unemployment rate for men fell to 9.7% in February from 9.9% twelve months earlier.

But rose over the same period, the female unemployment rate of 10.1% to 10.2%.

Read more >>
Bookmark and Share

Graphics: Eurozone of woes

The euro area as a whole emerged from recession, but recovery remains incomplete and in some cases, fragile.

Growth rates saw healthy in the second quarter of the year (April to June), with Germany in particular recording a strong bounce-back.

But since then the pace of recovery in most large European economies has slowed down.

In the 16 countries that have adopted the euro, growth was 0.4% in the average from July to September, down by 1% three months earlier.

However, the image is in the Republic of Ireland and Greece, which had to put both to European partners for the financial assistance and whose economies are in recession still gloomy.

The United Kingdom, which is not in the euro area, is shown in grey in the chart to compare.

Read more >>
Bookmark and Share