EU-27 unemployment rate stable in November

Tuesday, 08 January 2013 16:59:48 (GMT+3)   |   Istanbul
On January 8, 2013, Eurostat, the Statistical Office of the European Communities, reported that the seasonally adjusted unemployment rate in the European Union member states (EU-27) was 10.7 percent in November last year, stable compared to October. The unemployment rate in the region was 10 percent in November 2011. The seasonally-adjusted unemployment rate in the euro area was 11.8 percent last November, up from 11.7 percent in October, while it was 10.6 percent in November of the previous year.
 
Compared to November 2011, the unemployment rate in the EU-27 in November last year fell in seven states, increased in 18 and remained stable in Denmark and Hungary.
 
Among the EU-27 member states, in November the lowest unemployment rates were recorded in Austria at 4.5 percent, in Luxembourg at 5.1 percent, in Germany at 5.4 percent and in the Netherlands at 5.6 percent. The highest unemployment rates were seen in Spain at 26.6 percent and in Greece at 26 percent (in September 2012).

Tags: Europe Economics 

Similar articles

Fitch: Iran war adds pressure to Turkey’s economic outlook

18 Mar | Steel News

Fitch revises Turkey’s outlook to positive, affirms ‘BB-’ sovereign rating

26 Jan | Steel News

Murat Yalçıntaş: Turkey’s economy has moved onto a more predictable footing

22 Jan | Steel News

Moody’s upgrades credit ratings of Turkey, outlook stable

29 Jul | Steel News

Export climate for Turkish manufacturing industry continues to strengthen

11 Jun | Steel News

Fabrizio Casaretto: Hedging raises the value of an institution

08 Apr | Steel News

Turkish Central Bank governor Fatih Karahan discusses Turkey’s macroeconomic outlook and monetary policy

08 Apr | Steel News

Fitch Ratings affirms Turkey’s BB- rating with stable outlook

03 Feb | Steel News

Fitch revises global growth upward for 2025-26, cuts expectations for Turkey

09 Dec | Steel News

S&P raises Turkey’s credit rating with stable outlook

05 Nov | Steel News