June 2014 Euro area unemployment rate at 11.5% EU28 at 10.2%

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1 STAT/14/ July 2014 June 2014 Euro area unemployment rate at 11.5% EU28 at 10.2% The euro area 1 (EA18) seasonally-adjusted 2 unemployment rate 3 was 11.5% in June 2014, down from 11.6% in May , and from 12.0% in June This is the lowest rate recorded since September The EU28 1 unemployment rate was 10.2% in June 2014, down from 10.3% in May , and from 10.9% in June This is the lowest rate recorded since March These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that million men and women in the EU28, of whom million were in the euro area, were unemployed in June Compared with May 2014, the number of persons unemployed decreased by in the EU28 and by in the euro area. Compared with June 2013, unemployment fell by million in the EU28 and by in the euro area. Member States Among the Member States, the lowest unemployment rates were recorded in Austria (5.0%), Germany (5.1%) and Malta (5.6%), and the highest in Greece (27.3% in April 2014) and Spain (24.5%). Compared with a year ago, the unemployment rate fell in twenty one Member States, increased in five and remained stable in the Netherlands and Sweden. The largest decreases were registered in Portugal (16.6% to 14.1%), Hungary (10.4% to 8.1% between May 2013 and May 2014), Ireland (13.6% to 11.8%), and Spain (26.2% to 24.5%), and the highest increases in Finland (8.1% to 8.8%), Luxembourg (5.9% to 6.3%) and Austria (4.7% to 5.0%). In June 2014, the unemployment rate in the United States was 6.1%, down from 6.3% in May 2014, and from 7.5% in June Unemployment rates in June 2014, seasonally adjusted % AT DE MT CZ LU DK UK* NL RO EE** SE HU** BE FI PL SI EU28 FR LT LV*** EA18 BG IE IT SK PT CY HR ES EL* * April 2014 ** May 2014 *** Q1 2014

2 Youth unemployment In June 2014, million young persons (under 25) were unemployed in the EU28, of whom million were in the euro area. Compared with June 2013, youth unemployment decreased by in the EU28 and by in the euro area. In June 2014, the youth unemployment rate 5 was 22.0% in the EU28 and 23.1% in the euro area, compared with 23.6% and 23.9% respectively in June In June 2014, the lowest rates were observed in Germany (7.8%), Austria (9.0%) and the Netherlands (10.5%), and the highest in Greece (56.3% in April 2014), Spain (53.5%) and Italy (43.7%). 1. The euro area (EA18) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. The EU28 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Croatia (HR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK). The tables also include Iceland, Norway and the United States. 2. Non-seasonally adjusted and trend data can be found in the statistical database on the Eurostat website. For further details please refer to the Unemployment statistics article in Statistics Explained: 3. Eurostat produces harmonised unemployment rates for individual EU Member States, the euro area and the EU. These unemployment rates are based on the definition recommended by the International Labour Organisation (ILO). The measurement is based on a harmonised source, the European Union Labour Force Survey (LFS). Based on the ILO definition, Eurostat defines unemployed persons as persons aged 15 to 74 who: - are without work; - are available to start work within the next two weeks; - and have actively sought employment at some time during the previous four weeks. The unemployment rate is the number of people unemployed as a percentage of the labour force. The labour force is the total number of people employed plus unemployed. In this news release unemployment rates are based on employment and unemployment data covering persons aged 15 to The data in this News Release are normally subject to small revisions, caused by the updates to the seasonally adjusted series whenever new monthly data are added. Larger revisions can occur when the most recent LFS data are included in the calculation process. Compared with the rates published in News Release 103/2014 of 1 July 2014, the May 2014 unemployment rates remain unchanged at 11.6% for the EA18 and 10.3% for the EU28. Among Member States, rates have been revised between 0.2 and 0.4 percentage points for Estonia, Spain, Croatia, Austria, Finland and Sweden. The rate has been revised upwards by 0.5 percentage points for Greece (for March 2014). The revision for Croatia also reflects the inclusion of the latest Census results in the weighting of the LFS. 5. The youth unemployment rate is the number of people aged 15 to 24 unemployed as a percentage of the labour force of the same age. Therefore, the youth unemployment rate should not be interpreted as the share of jobless people in the overall youth population. For further details please refer to the Youth unemployment article in Statistics Explained: 6. Latvia: quarterly data for all series. Croatia, Cyprus, Romania and Slovenia: quarterly data for youth unemployment. 7. For Germany, the Netherlands, Austria, Finland, Sweden and Iceland the trend component is used instead of the more volatile seasonally adjusted data. 8. For Denmark, Estonia, Hungary and the United Kingdom 3-month moving averages of LFS data are used instead of pure monthly indicators. Issued by: Eurostat Press Office Tim ALLEN Tel: Eurostat news releases on internet: For further information on data: Sammy LAURITSEN Tel: Hubertus VREESWIJK Tel: Selected Principal European Economic Indicators: Follow Eurostat on Twitter:

3 12 Euro area and EU28 unemployment rates Seasonally adjusted series Euro area (EA18) EU % I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II

4 Rates (%) Seasonally adjusted unemployment, totals Number of persons (in thousands) Jun 13 Mar 14 Apr 14 May 14 Jun 14 Jun 13 Mar 14 Apr 14 May 14 Jun 14 EA EU Belgium Bulgaria Czech Republic Denmark Germany Estonia 8 8.3** : 57** : Ireland Greece 27.5* : : 1 330* : : Spain France Croatia Italy Cyprus Latvia *** 11.4 : : : 118*** 116 : : : Lithuania Luxembourg Hungary ** : 456** : Malta Netherlands Austria Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom 8 7.7* : : 2 474* : : Iceland Norway 3.5** : 95** : United States : Data not available * April 2013 ** May 2013 *** Q1 2013

5 Seasonally adjusted youth (under 25s) unemployment Rates (%) Number of persons (in thousands) Jun 13 Mar 14 Apr 14 May 14 Jun 14 Jun 13 Mar 14 Apr 14 May 14 Jun 14 EA EU Belgium Bulgaria Czech Republic Denmark Germany Estonia : : Ireland Greece : : : : Spain France Croatia Italy Cyprus Latvia : : : : : : Lithuania Luxembourg Hungary : : Malta Netherlands Austria Poland Portugal Romania : : : : : : Slovenia Slovakia Finland Sweden United Kingdom : : : : Iceland Norway : : : Data not available

6 Seasonally adjusted unemployment rates (%), by gender Males Females Jun 13 Mar 14 Apr 14 May 14 Jun 14 Jun 13 Mar 14 Apr 14 May 14 Jun 14 EA EU Belgium Bulgaria Czech Republic Denmark Germany Estonia : : Ireland Greece : : : : Spain France Croatia Italy Cyprus Latvia : : : : : : Lithuania Luxembourg Hungary : : Malta Netherlands Austria Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom : : : : Iceland Norway : : : Data not available

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