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Euro zone unemployment unchanged at 10 per cent in July

Tue, Aug 31 2010 12:53 CET

byThe Sofia Echo staff

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Euro zone unemployment unchanged at 10 per cent in July

Photo: Reuters

EU statistics office Eurostat said on August 31 2010 that euro zone seasonally-adjusted unemployment was 10 per cent in July 2010, unchanged compared with June. It was 9.6 per cent in July 2009.
 
Across the 27-member EU, unemployment was 9.6 per cent in July 2010, unchanged compared with June. It was 9.1 per cent in July 2009.
 
Eurostat estimates that 23.057 million men and women in the EU27, of whom 15.833 million were in the euro area, were unemployed in July 2010.
 
Compared with June, the number of unemployed decreased by 45 000 in the EU27 and by 8000 in the euro area.
 
Compared with July 2009, unemployment rose by 1.108 million in the EU27 and by 0.668 million in the euro area.

Among EU member states, the lowest unemployment was in in Austria (3.8 per cent) and the Netherlands (4.4 per cent in June 2010), and the highest in Spain (20.3 per cent), Latvia (20.1 per cent in the first quarter of 2010) and Estonia (18.6 per cent in the second quarter of 2010).

Compared with a year ago, three EU member states recorded a decrease in unemployment, two remained stable and 22 showed an increase.
 
The decreases were in in Austria (5.1 per cent to 3.8 per cent), Malta (7.3 per cent to 6.5 per cent) and Germany (7.6 per cent to 6.9 per cent).
 
The highest increases were registered in Latvia (13.5 per cent to 20.1 per cent between the first quarters of 2009 and 2010) and Lithuania (11.2 per cent to 17.3 per cent between the first quarters of 2009 and 2010).

Between July 2009 and July 2010, unemployment among men rose from 9.5 per cent to 9.8 per cent in the euro area and from 9.2 per cent to 9.6 per cent in the EU27. The female unemployment rate increased from 9.8 per cent to 10.3 per cent in the euro area and from nine to 9.6 per cent in the EU27.
 
In July 2010, the youth unemployment rate (under-25s) was 19.6 per cent in the euro area and 20.2 per cent in the EU27. In July 2009 it was 19.8 per cent and 20.1 per cent, respectively.

The lowest rate was observed in the Netherlands (8.1 per cent in June 2010), and the highest rates in Spain (41.5 per cent), Latvia (39.5 per cent in the first quarter of 2010) and Estonia (37.2 per cent in the second quarter of 2010).

In July 2010, unemployment was 9.5 per cent in the United States and 5.2 per cent in Japan.

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