Eurostat, the Statistical Office of the European Communities, has announced that in July this year the unemployment rate in the European Union member states (EU-28) was 8.6 percent, remaining stable compared to June and declining from 9.4 percent in the same month of 2015. This is the lowest rate recorded in the EU-28 since March 2009. The seasonally-adjusted unemployment rate in the euro area in July was 10.1 percent, remaining unchanged from June and down from 10.8 percent in July last year. This is the lowest rate recorded in the euro area since July 2011.
In July this year, the unemployment rate in the EU-28 fell in 24 states, rose in three states and remained stable in Denmark, on year-on-year basis. Among the EU-28 member states, in July the lowest unemployment rates were recorded in Malta (3.9%) and in the Czech Republic and Germany (both 4.2%), and the highest in Greece (23.5% in May 2016) and Spain (19.6%).
Meanwhile, in the given month the unemployment rate in the United States was 4.9 percent, remaining stable from June and declining from 5.3 percent in July last year.