The euro area (EA18) seasonally-adjusted unemployment rate was 12.0% in January 2014, stable since October 20134. It was also 12.0% in January 2013. The EU28 unemployment rate was 10.8% in January 2014, stable since October 20134. It was 11.0% in January 2013. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 26.231 million men and women in the EU28, of whom 19.175 million were in the euro area, were unemployed in January 2014. Compared with December 2013, the number of persons unemployed increased by 17 000 in both the EU28 and the euro area. Compared with January 2013, unemployment decreased by 449 000 in the EU28, and by 67 000 in the euro area.
Youth unemployment
In January 2014, 5.556 million young persons (under 25) were unemployed in the EU28, of whom 3.539 million were in the euro area. Compared with January 2013, youth unemployment decreased by 171 000 in the EU28 and by 87 000 in the euro area. In January 2014, the youth unemployment rate5 was 23.4% in the EU28 and 24.0% in the euro area, compared with 23.7% and 24.1% respectively in January 2013. In January 2014, the lowest rates were observed in Germany (7.6%), Austria (10.5%) and the Netherlands (11.1%), and the highest in Greece (59.0% in November 2013), Spain (54.6%) and Croatia (49.8% in the fourth quarter of 2013).
Chosen excerpts by Job Market Monitor. Read the whole story at January 2014 – Euro area unemployment rate at 12.0% EU28 at 10.8%
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