In the News

Job Report in EU, January 2019 – Unemployment at 7.8% with 3.375 million young persons unemployed

The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in January 2019, stable compared with December 2018 and down from 8.6% in January 2018. This remains the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.5% in January 2019, down from 6.6% in December 2018 and from 7.2% in January 2018. This is the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 16.222 million men and women in the EU28, of whom 12.848 million in the euro area, were unemployed in January 2019. Compared with December 2018, the number of persons unemployed decreased by 56 000 in the EU28 and by 23 000 in the euro area. Compared with January 2018, unemployment fell by 1.536 million in the EU28 and by 1.233 million in the euro area.

Youth unemployment

In January 2019, 3.375 million young persons (under 25) were unemployed in the EU28, of whom 2.383 million were in the euro area. Compared with January 2018, youth unemployment decreased by 184 000 in the EU28 and by 141 000 in the euro area. In January 2019, the youth unemployment rate was 14.9% in the EU28 and 16.5% in the euro area, compared with 15.8% and 17.7% respectively in January 2018. In January 2019, the lowest rates were observed in Germany (6.0%), Czechia (6.1%) and the Netherlands (6.5%), while the highest were recorded in Greece (39.1% in November 2018), Italy (33.0%) and Spain (32.6%).

 

Chosen excerpts by Job Market Monitor. Read the whole story at Euro area unemployment at 7.8%

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: