The euro area (EA18) seasonally-adjusted unemployment rate was 11.9% in February 2014, stable since October 2013. It was 12.0% in February 2013. The EU28 unemployment rate was 10.6% in February 2014, down from 10.7% in January 2014. It was 10.9% in February 2013. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 25.920 million men and women in the EU28, of whom 18.965 million were in the euro area, were unemployed in February 2014. Compared with January 2014, the number of persons unemployed decreased by 65 000 in the EU28 and by 35 000 in the euro area. Compared with February 2013, unemployment decreased by 619 000 in the EU28, and by 166 000 in the euro area.
In February 2014, 5.392 million young persons (under 25) were unemployed in the EU28, of whom 3.415 million were in the euro area. Compared with February 2013, youth unemployment decreased by 295 000 in the EU28 and by 194 000 in the euro area. In February 2014, the youth unemployment rate5 was 22.9% in the EU28 and 23.5% in the euro area, compared with 23.6% and 24.0% respectively in February 2013.
Chosen excerpts by Job Market Monitor. Read the whole story at February 2014 – Euro area unemployment rate at 11.9%, EU28 at 10.6%