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Europe / Record Unemployment rate as Youth Unemployment rose by 188 000 in the euro area

The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in April 2013, up from 12.1% in March. The EU271 unemployment rate was 11.0%, unchanged compared with the previous month4. In both zones, rates have risen markedly compared with April 2012, when they were 11.2% and 10.3% respectively. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 26.588 million men and women in the EU27, of whom 19.375 million were in the euro area, were unemployed in April 2013. Compared with March 2013, the number of persons unemployed increased by 104 000 in the EU27 and by 95 000 in the euro area. Compared with April 2012, unemployment rose by 1.673 million in the EU27 and by 1.644 million in the euro area.

Capture d’écran 2013-05-31 à 08.19.33

Youth unemployment

In April 2013, 5.627 million young persons (under 25) were unemployed in the EU27, of whom 3.624 million were in the euro area. Compared with April 2012, youth unemployment rose by 100 000 in the EU27 and by 188 000 in the euro area. In April 2013, the youth unemployment rate was 23.5% in the EU27 and 24.4% in the euro area, compared with 22.6% in both zones in April 2012. In April 2013, the lowest rates were observed in Germany (7.5%), Austria (8.0%) and the Netherlands (10.6%), and the highest in Greece (62.5% in February 2013), Spain (56.4%), Portugal (42.5%) and Italy (40.5%).

Chosen excerpts by Job Market Monitor

Capture d’écran 2013-05-31 à 08.23.22

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  1. Pingback: France / 61% des jeunes diplômés sont au chômage | Moniteur de l'Emploi - June 5, 2013

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