August 2013 Euro area unemployment rate

EUROSTAT Release: August 2013 Euro area unemployment rate

According to new data on unemployment, published by Eurostat, the statistical office of the European Union, the euro area (EA17) seasonally-adjusted unemployment rate was 12.0% in August 2013, stable compared with July.

The EU28 unemployment rate was 10.9%, also stable compared with July. In both zones, rates have risen compared with August 2012, when they were 11.5% and 10.6% respectively.

In August 2013, 26.595 million men and women were unemployed in the EU28, of whom 19.178 million were in the euro area. Compared with July 2013, the number of persons unemployed remained nearly stable in both the EU28 and the euro area. Compared with August 2012, unemployment rose by 882 000 in the EU28 and by 895 000 in the euro area.

 

In August 2013, 5.499 million young persons (under 25) were unemployed in the EU28, of whom 3.457 million were in the euro area. Compared with August 2012, youth unemployment decreased by 123 000 in the EU28 and by 52 000 in the euro area. In August 2013, the youth unemployment rate was 23.3% in the EU28 and 23.7% in the euro area, compared with 23.1% and 23.4% respectively in August 2012. In August 2013, the lowest rates were observed in Germany (7.7%) and Austria (8.6%), and the highest in Greece (61.5% in June 2013), Spain (56.0%) and Croatia (52.0% in the second quarter of 2013).

 

Read more: http://europa.eu/rapid/press-release_STAT-13-140_en.htm?locale=en