Monday, 1 July 2013

Euro area unemployment rate at 12.1% in May

Eurostat reports,
The euro area1 (EA17) seasonally-adjusted unemployment rate was 12.1% in May 2013, up from 12.0% in April.
The EU27 unemployment rate was 10.9%, stable compared with the previous month. In both zones, rates have risen markedly compared with May 2012, when they were 11.3% and 10.4% respectively. These figures are published by Eurostat, the statistical office of the European Union.
Eurostat estimates that 26.405 million men and women in the EU27, of whom 19.222 million were in the euro area, were unemployed in May 2013. Compared with April 2013, the number of persons unemployed increased by 16 000 in the EU27 and by 67 000 in the euro area. Compared with May 2012, unemployment rose by 1.324 million in the EU27 and by 1.344 million in the euro area.

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