The EU27 unemployment down to 7.0% in September
The Eurozone seasonally-adjusted unemployment rate stood at 7.3% in September 2007, compared to 7.4% in August. It was 8.1% in September 2006. The EU27 unemployment rate was 7.0% in September 2007, compared with 7.1% in August. It was 8.0% in September 2006.
In September 2007, the lowest rates were registered in the Netherlands (3.1%) and Denmark (3.3% in August 2007), and the highest in Slovakia (11.1%) and Poland (8.8%). These figures are published by Eurostat, the Statistical Office of the European Union and August’s figures have been changed after the use of a different base for Germany’s figures, which raised the Eurozone figures from 6.9% to 7.4%.
Twenty-three Member States recorded a fall in their unemployment rate over a year and three an increase, while the unemployment rate was stable in Luxembourg. The largest relative falls were observed in Poland (12.9% to 8.8%) and Lithuania (6.0% to 4.1%). The highest relative increases were registered in Ireland (4.1% to 4.8%) and Portugal (7.6% to 8.3%).
The unemployment rate for males fell from 7.2% to 6.6% between September 2006 and September 2007 in the Eurozone and from 7.4% to 6.5% in the EU27. The female unemployment rate declined from 9.2% to 8.3% in the Eurozone and from 8.7% to 7.7% in the EU27.
In September 2007, the unemployment rate for under-25s was 14.9% in the Eurozone and 15.1% in the EU27. In September 2006 it was 15.9% and 16.9% respectively. The lowest rates for under-25s were observed in the Netherlands (5.6%), Denmark (6.5% in August 2007) and Austria (8.0%), and the highest in Greece (22.9% in the Q2 2007), France (21.6%), Romania (19.6%) and Poland (19.2%). (finfacts)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.