EU-28 unemployment stable in November compared to October

Friday, 11 January 2019 15:01:21 (GMT+3)   |   Istanbul

Eurostat, the Statistical Office of the European Communities, has announced that in November last year the unemployment rate in the European Union member states (EU-28) was 6.7 percent, remaining unchanged from October and declining from 7.3 percent in the same month of 2017. The November figure is the lowest rate recorded in the EU-28 since January 2000.

The seasonally-adjusted unemployment rate in the euro area in November was 7.9 percent, down from eight percent in October and from 8.7 percent in November 2017. This is the lowest rate recorded in the euro area since October 2008.

In November, the unemployment rate in the EU-28 fell in all member states except Estonia, on year-on-year basis. Among the EU-28 member states, in November the lowest unemployment rates were recorded in the Czech Republic (1.9%), Germany (3.3%) and the Netherlands (3.5%), while the highest rates were observed in Greece (18.6% in September 2018) and Spain (14.7%).

Meanwhile, in the given month the unemployment rate in the United States was 3.7 percent, remaining stable from the previous month and decreasing from 4.1 percent in November 2017.

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