February 2014 Euro area unemployment rate at 11.9% EU28 at 10.6%

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Transcription:

STAT/14/52 1 April 2014 February 2014 Euro area unemployment rate at 11.9% EU28 at 10.6% The euro area 1 (EA18) seasonally-adjusted 2 unemployment rate 3 was 11.9% in February 2014, stable since October 2013 4. It was 12.0% in February 2013. The EU28 1 unemployment rate was 10.6% in February 2014, down from 10.7% in January 2014 4. It was 10.9% in February 2013. These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that 25.920 million men and women in the EU28, of whom 18.965 million were in the euro area, were unemployed in February 2014. Compared with January 2014, the number of persons unemployed decreased by 65 000 in the EU28 and by 35 000 in the euro area. Compared with February 2013, unemployment decreased by 619 000 in the EU28, and by 166 000 in the euro area. Member States Among the Member States, the lowest unemployment rates were recorded in Austria (4.8%), Germany (5.1%) and Luxembourg (6.1%), and the highest in Greece (27.5% in December 2013) and Spain (25.6%). Compared with a year ago, the unemployment rate increased in eleven Member States, fell in fifteen and remained stable in Romania and Sweden. The highest increases were registered in Cyprus (14.7% to 16.7%), Greece (26.3% to 27.5% between December 2012 and December 2013), Italy (11.8% to 13.0%) and the Netherlands (6.2% to 7.3%). The largest decreases were observed in Hungary (11.2% to 8.3% between January 2013 and January 2014), Latvia (13.8% to 11.6% between the fourth quarters of 2012 and 2013), Portugal (17.5% to 15.3%), and Ireland (13.7% to 11.9%). In February 2014, the unemployment rate in the United States was 6.7%, up from 6.6% in January 2014, but down from 7.7% in February 2013. Unemployment rates in February 2014, seasonally adjusted 30 25 27.5 25.6 % 20 15 10 5 4.8 5.1 6.1 6.7 6.9 7.0 7.1 7.2 7.3 8.1 8.3 8.4 8.5 8.7 17.6 16.7 15.3 9.7 9.8 10.4 10.6 11.5 11.6 13.0 13.1 13.9 11.9 11.9 0 AT DE LU CZ MT DK UK* RO NL SE HU** FI BE EE* PL SI FR EU28 LT LV*** EA18 IE IT BG SK PT CY HR ES EL* * December 2013 ** January 2014 *** Q4 2013

Youth unemployment In February 2014, 5.392 million young persons (under 25) were unemployed in the EU28, of whom 3.415 million were in the euro area. Compared with February 2013, youth unemployment decreased by 295 000 in the EU28 and by 194 000 in the euro area. In February 2014, the youth unemployment rate 5 was 22.9% in the EU28 and 23.5% in the euro area, compared with 23.6% and 24.0% respectively in February 2013. In February 2014, the lowest rates were observed in Germany (7.7%), Austria (9.4%) and the Netherlands (11.5%), and the highest in Greece (58.3% in December 2013), Spain (53.6%) and Croatia (48.8% in the fourth quarter of 2013). 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: http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/unemployment_statistics 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 74. 4. 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 30/2014 of 28 February 2014, the January 2014 unemployment rate has been revised from 12.0% to 11.9% for the EA18 and from 10.8% to 10.7% for the EU28. Among Member States, the rate has been revised by between 0.3 and 0.4 percentage points for Estonia (for December 2013), Greece (for December 2013), Cyprus, Slovenia and Slovakia. The rate has been revised downwards by 0.6 pp for France and by 1.2 pp for Croatia. The revision for France is mainly due to methodological changes to the LFS, which over the period January 2003 - January 2014 caused a general downwards revision of 0.4 pp on average. 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: http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/youth_unemployment 6. Latvia: quarterly data for all series. Croatia, Cyprus, Romania and Slovenia: quarterly data for youth unemployment. 7. For Germany, the Netherlands, Austria, Finland and Iceland the trend component is used instead of the more volatile seasonally adjusted data. Issued by: Eurostat Press Office Tim ALLEN Tel: +352-4301-33 444 eurostat-pressoffice@ec.europa.eu Eurostat news releases on internet: http://ec.europa.eu/eurostat For further information on data: Nicola MASSARELLI Tel: +352-4301-34 525 Hubertus VREESWIJK Tel: +352-4301-34 323 estat-monthly-unemployment@ec.europa.eu Selected Principal European Economic Indicators: http://ec.europa.eu/eurostat/euroindicators

12.5 Euro area and EU28 unemployment rates Seasonally adjusted series Euro area (EA18) EU28 11.5 10.5 9.5 % 8.5 7.5 6.5 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 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Rates (%) Seasonally adjusted unemployment, Totals Number of persons (in thousands) Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 EA18 12.0 11.9 11.9 11.9 11.9 19 131 19 065 18 961 19 000 18 965 EU28 10.9 10.7 10.7 10.7 10.6 26 539 26 121 25 967 25 985 25 920 Belgium 8.3 8.4 8.4 8.5 8.5 407 416 416 419 417 Bulgaria 12.9 13.1 13.2 13.2 13.1 434 442 445 445 443 Czech Republic 7.3 6.8 6.7 6.7 6.7 384 359 357 356 355 Denmark 7.2 6.8 7.1 7.0 7.0 209 197 205 201 202 Germany 7 5.4 5.2 5.2 5.1 5.1 2 299 2 219 2 204 2 188 2 174 Estonia 9.4* 8.9 8.7 : : 63* 60 59 : : Ireland 13.7 12.2 12.0 11.9 11.9 293 264 260 258 258 Greece 26.3* 27.6 27.5 : : 1 301* 1 360 1 349 : : Spain 26.6 26.1 25.8 25.8 25.6 6 070 5 915 5 841 5 811 5 755 France 10.3 10.2 10.2 10.3 10.4 3 026 2 991 3 009 3 031 3 051 Croatia 16.9 17.5 17.3 17.6 17.6 280 292 290 296 297 Italy 11.8 12.8 12.7 12.9 13.0 3 034 3 262 3 236 3 299 3 307 Cyprus 14.7 16.7 16.9 16.5 16.7 65 75 76 73 74 Latvia 6 13.8*** 11.6 11.6 : : 130*** 118 118 : : Lithuania 12.6 10.9 10.9 11.3 11.5 186 159 160 167 168 Luxembourg 5.6 6.0 6.1 6.1 6.1 14 15 16 16 15 Hungary 11.2** 9.3 8.8 8.3 : 485** 411 389 369 : Malta 6.3 6.6 6.8 6.9 6.9 12 13 13 13 13 Netherlands 7 6.2 6.9 7.0 7.1 7.3 550 621 628 634 649 Austria 7 5.0 5.0 5.0 4.9 4.8 220 219 221 217 210 Poland 10.6 10.0 9.9 9.8 9.7 1 833 1 743 1 726 1 709 1 689 Portugal 17.5 15.4 15.3 15.3 15.3 928 819 816 812 812 Romania 7.2 7.4 7.3 7.3 7.2 714 737 732 730 721 Slovenia 10.6 9.7 9.8 9.8 9.8 106 96 98 97 97 Slovakia 14.2 14.1 14.1 14.0 13.9 388 382 381 380 380 Finland 7 8.1 8.3 8.3 8.4 8.4 217 222 223 224 226 Sweden 8.1 8.0 8.0 8.2 8.1 414 412 410 420 419 United Kingdom 7.7* 7.1 7.1 : : 2 478* 2 305 2 292 : : Iceland 7 5.6 5.5 5.5 5.5 : 10 10 10 10 : Norway 3.6* 3.5 3.6 : : 96* 96 99 : : United States 7.7 7.0 6.7 6.6 6.7 11 990 10 838 10 342 10 212 10 409 : Data not available * December 2012 ** January 2013 *** Q4 2012

Seasonally adjusted youth (under 25s) unemployment Rates (%) Number of persons (in thousands) Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 EA18 24.0 23.7 23.5 23.6 23.5 3 609 3 469 3 445 3 453 3 415 EU28 23.6 23.1 23.0 23.0 22.9 5 687 5 477 5 428 5 437 5 392 Belgium 22.5 23.7 23.8 24.2 24.1 93 97 98 99 97 Bulgaria 27.8 28.1 28.2 28.4 28.4 68 60 61 62 61 Czech Republic 19.6 19.3 18.7 18.2 17.1 73 68 66 64 60 Denmark 13.0 12.9 13.6 13.6 13.4 58 56 59 59 58 Germany 7 7.8 7.8 7.8 7.7 7.7 352 349 346 342 338 Estonia 21.1 21.9 19.1 : : 13 13 12 : : Ireland 28.1 25.4 25.6 26.0 26.0 61 52 53 54 54 Greece 60.8 58.3 58.3 : : 182 171 169 : : Spain 55.8 55.1 54.2 54.2 53.6 966 908 887 883 861 France 25.5 23.6 23.7 23.6 23.6 727 661 663 663 662 Croatia 6 50.5 48.8 48.8 : : 77 72 72 : : Italy 38.7 41.8 41.7 42.4 42.3 651 670 673 689 678 Cyprus 6 35.7 40.5 40.5 : : 15 18 18 : : Latvia 6 22.9 23.8 23.8 : : 22 23 23 : : Lithuania 22.6 20.4 20.5 21.1 21.1 28 25 25 27 26 Luxembourg 18.6 17.1 17.4 17.7 17.4 3 3 3 3 3 Hungary 29.3 25.1 24.4 23.0 : 89 78 77 74 : Malta 13.8 13.4 13.9 14.0 13.9 4 4 4 4 4 Netherlands 7 10.4 11.4 11.3 11.1 11.5 148 163 160 156 162 Austria 7 8.9 9.6 10.1 10.3 9.4 53 56 60 61 54 Poland 27.5 27.3 27.0 27.0 26.9 417 401 397 395 389 Portugal 40.6 34.8 34.3 34.6 35.0 162 132 129 130 132 Romania 6 23.1 24.1 24.1 : : 185 191 191 : : Slovenia 6 21.9 20.0 20.0 : : 16 14 14 : : Slovakia 34.0 33.5 33.3 32.5 32.3 76 69 68 68 68 Finland 7 19.9 19.9 19.9 20.1 20.2 66 66 66 67 67 Sweden 24.2 24.1 22.6 22.9 23.6 157 163 149 154 160 United Kingdom 20.5 19.8 19.7 : : 927 893 885 : : Iceland 7 11.4 10.6 10.6 10.8 : 4 4 4 4 : Norway 9.6 9.2 9.6 : : 37 35 37 : : : Data not available

Seasonally adjusted unemployment rates (%), by gender Males Females Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 Feb 13 Nov 13 Dec 13 Jan 14 Feb 14 EA18 11.9 11.8 11.7 11.7 11.8 12.1 12.1 12.0 12.1 12.0 EU28 10.9 10.7 10.6 10.6 10.6 10.9 10.8 10.8 10.8 10.7 Belgium 8.5 8.7 8.7 8.8 8.7 8.0 8.2 8.1 8.2 8.1 Bulgaria 14.1 14.1 14.2 14.1 14.0 11.6 12.1 12.1 12.1 12.1 Czech Republic 6.3 5.7 5.7 5.7 5.7 8.5 8.1 8.1 8.1 8.0 Denmark 7.1 6.3 6.6 6.6 6.5 7.4 7.4 7.6 7.4 7.6 Germany 7 5.7 5.5 5.5 5.4 5.4 5.1 4.8 4.8 4.8 4.7 Estonia 9.6 9.4 9.2 : : 8.7 8.4 8.2 : : Ireland 15.8 13.6 13.4 13.2 13.2 11.1 10.4 10.3 10.3 10.3 Greece 23.9 24.6 24.5 : : 30.3 31.7 31.6 : : Spain 26.1 25.4 25.1 25.0 24.8 27.1 26.9 26.7 26.7 26.6 France 10.4 10.2 10.2 10.3 10.4 10.2 10.2 10.3 10.4 10.4 Croatia 17.5 17.6 17.4 17.8 17.9 16.1 17.5 17.3 17.4 17.4 Italy 11.1 12.1 12.1 12.3 12.5 12.9 13.6 13.6 13.8 13.6 Cyprus 15.0 17.8 18.0 17.2 17.5 14.4 15.6 15.7 15.7 15.9 Latvia 6 13.7 12.2 12.2 : : 11.6 11.0 11.0 : : Lithuania 14.6 12.1 12.2 12.5 12.8 10.7 9.8 9.7 10.2 10.2 Luxembourg 5.1 5.6 5.7 5.6 5.5 6.1 6.6 6.7 6.9 6.8 Hungary 11.6 9.1 8.4 7.9 : 10.6 9.5 9.2 8.7 : Malta 6.2 6.6 6.8 6.9 6.8 6.5 6.5 6.8 7.0 7.0 Netherlands 7 6.6 7.3 7.4 7.4 7.6 5.7 6.5 6.6 6.8 6.9 Austria 7 5.2 4.8 4.8 4.8 4.8 4.8 5.2 5.3 5.1 4.8 Poland 9.9 9.5 9.3 9.2 9.1 11.5 10.8 10.6 10.6 10.6 Portugal 17.8 15.0 15.0 14.9 15.0 17.2 15.9 15.8 15.6 15.6 Romania 7.7 8.0 7.9 7.8 7.7 6.5 6.6 6.5 6.5 6.6 Slovenia 10.1 9.0 9.2 9.2 9.1 11.2 10.5 10.5 10.6 10.6 Slovakia 13.7 14.2 14.3 14.3 14.3 14.9 14.0 13.8 13.6 13.5 Finland 7 8.8 8.9 9.0 9.0 9.1 7.3 7.7 7.7 7.7 7.7 Sweden 8.4 8.3 8.1 8.4 8.4 7.8 7.7 7.9 7.9 7.9 United Kingdom 8.2 7.5 7.4 : : 7.2 6.7 6.8 : : Iceland 7 5.9 5.8 5.8 5.8 : 5.3 5.1 5.1 5.2 : Norway 3.8 3.6 3.8 : : 3.2 3.4 3.5 : : : Data not available