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HomeEmploymentUnemployment remained stable with a 12.0% rate
August 2013

Unemployment remained stable with a 12.0% rate

Redacción

According  to Eurostat figures among the Member States the lowest unemployment rates were recorded in Austria (4.9%), Germany (5.2%) and Luxembourg (5.8%), and the highest in Greece (27.9% in June 2013) and Spain (26.2%).

Compared with a year ago, the unemployment rate increased in sixteen Member States, fell in eleven and remained stable in Poland. The highest increases were registered in Cyprus (12.3% to 16.9%) and Greece (24.6% to 27.9%) between June 2012 and June 2013). The largest decreases were observed in Latvia (15.6% to 11.4% between the second quarters of 2012 and 2013) and Estonia (10.1% to 7.9% between July 2012 and July 2013).

The unemployment rate in the United States in August 2013, was 7.3%, down from 7.4% in July 2013 and from 8.1% in August 2012.

Youth unemployment

5.499 million young persons (under 25) were unemployed in the EU28 in the month of August, of whom 3.457 million were in the euro area. Comparing the same month  in 2012, youth unemployment decreased by 123 000 in the EU28 and by 52 000 in the euro area. In August 2013, the youth unemployment rate was 23.3% in the EU28 and 23.7% in the euro area, compared with 23.1% and 23.4% respectively in August 2012. The lowest rates were observed in Germany (7.7%) and Austria (8.6%), and the highest in Greece (61.5% in June 2013), Spain (56.0%) and Croatia (52.0% in the second quarter of 2013).

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