EU-28 unemployment stable in August compared to July

Thursday, 11 October 2018 17:24:50 (GMT+3)   |   Istanbul

Eurostat, the Statistical Office of the European Communities, has announced that in August this year the unemployment rate in the European Union member states (EU-28) was 6.8 percent, remaining unchanged from July and declining from 7.5 percent in the same month of 2017. The August figure is the lowest rate recorded in the EU-28 since April 2008.

The seasonally-adjusted unemployment rate in the euro area in August was 8.1 percent, declining from 8.2 percent in July and down from 9.0 percent in August of the previous year. This remains the lowest rate recorded in the euro area since November 2008.

In August, the unemployment rate in the EU-28 fell in all member states, on year-on-year basis. Among the EU-28 member states, in August the lowest unemployment rates were recorded in the Czech Republic (2.5%) and in Germany and Poland (both 3.4%), while the highest rates were observed in Greece (19.1% in June 2018) and Spain (15.2%).

Meanwhile, in the given month the unemployment rate in the United States was 3.9 percent, remaining stable when compared to the previous month and declining from 4.4 percent in August 2017.

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