1st June 2012

Unemployment rate stays high

The euro area (EA17) seasonally-adjusted unemployment rate was 11.0% in April 2012, stable compared with March. It was 9.9% in April 2011. The EU27 unemployment rate was 10.3% in April 2012, compared with 10.2% in March. It was 9.5% in April 2011. Eurostat estimates that 24.667 million men and women in the EU27 were unemployed in April.

The lowest unemployment rate is in Austria (3.9%), Luxembourg and the Netherlands (both 5.2%) and Germany (5.4%), and the highest in Spain (24.3%) and Greece (21.7%). Youth unemployment still stays on a very high level – over 50% in Greece and Spain.

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Members of the American Chamber of Commerce in the Czech Republic