EUROSTAT Release: July 2013 unemployment rates
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 July 2013, stable compared with June. The EU28 unemployment rate was 11.0%, also stable compared with the previous month. In both zones, rates have risen compared with July 2012, when they were 11.5% and 10.5% respectively.
Eurostat estimates that 26. 654 million men and women in the EU28, of whom 19.231 million were in the euro area, were unemployed in July 2013. Compared with June 2013, the number of persons unemployed decreased by 33 000 in the EU28 and by 15 000 in the euro area. Compared with July 2012, unemployment rose by 995 000 in the EU28 and by 1.008 million in the euro area.
In July 2013, 5.560 million young persons (under 25) were unemployed in the EU28, of whom 3.500 million were in the euro area. Compared with July 2012, youth unemployment decreased by 53 000 in the EU28 and by 16 000 in the euro area.
In July 2013, the youth unemployment rate was 23.4% in the EU28 and 24.0% in the euro area, compared with 22.9% and 23.3% respectively in July 2012.
In June 2013, the lowest rates were observed in Germany (7.7%), Austria (9.2%) and Malta (10.6%), and the highest in Greece (62.9% in May 2013), Spain (56.1%) and Croatia (55.4% in the second quarter of 2013).
Find out more: http://europa.eu/rapid/press-release_STAT-13-126_en.htm