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Slovakia shows highest EU unemployment

Unemployment in Slovakia remained the highest within the EU in December 2007.

According to the European Statistics Office (Eurostat), the unemployment rate in Slovakia was 10.8% in December 2007, representing a month-on-month decrease of 0.2% and a year-on-year decrease of 1.2%.

The unemployment rate for the EU as a whole was 6.8%, which means that on a month-on-month basis it decreased by 0.1% percent and year-on-year by 0.8%.

Slovakia, which had unemployment of more than 18% at the turn of the decade, was followed by Spain (8.6%) and Portugal (8.2%). The lowest unemployment rate was registered in the Netherlands (2.9%) and Denmark (3.1%). The biggest year-on-year decrease was posted in Poland (from 11.8% to 8.1%) and Bulgaria (from 8.2% to 5.6%), while the biggest year-on-year increase was experienced in Spain (from 8.2% to 8.6%). (TASR)