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 12.1% in November 2013, stable since April.
The EU28 unemployment rate was 10.9%, stable since May. In both zones, rates have risen compared with November 2012, when they were 11.8% and 10.8% respectively. In November 2013, 26.553 million men and women were unemployed in the EU28, of whom 19.241 million were in the Euro area. Compared with October 2013, the number of persons unemployed increased by 19 000 in the EU28 and by 4 000 in the Euro area. Compared with November 2012, unemployment rose by 278 000 in the EU28 and by 452 000 in the Euro area.
In November 2013, 5.661 million young persons (under 25) were unemployed in the EU28, of whom 3.575 million were in the Euro area. Compared with November 2012, youth unemployment decreased by 46 000 in the EU28 and increased by 2 000 in the Euro area. In November 2013, the youth unemployment rate was 23.6% in the EU28 and 24.2% in the Euro area, compared with 23.4% and 23.9% respectively in November 2012. In November 2013, the lowest rates were observed in Germany (7.5%) and Austria (8.6%), and the highest in Spain (57.7%), Greece (54.8% in September 2013) and Croatia (49.7% in the third quarter of 2013).