5th April 2013

Unemployment rose again in February 2013

The EU27 seasonally-adjusted unemployment rate was 10,9% in February 2013, up from 10,8% in the previous month. The euro area unemployment rate remained stable – 12,0% in February, compared to January 2013. The rates have risen significantly compared to February 2012, when they accounted for 10,2% and 10,9% respectively.

The Member States with the highest unemployment rate in February 2013 were Greece (26,4% in December 2012), Spain (26,3%) and Portugal (17,5%). The lowest rates were measured in Austria (4,8%), Germany (5,4%) and Luxembourg (5,5%). Compared with February 2012, the seasonally-adjusted unemployment rate rose in nineteen states and fell in eight. Youth unemployment remains a crucial problem in many Member States. The highest percentage of young persons without employment was measured in Greece (55,7%), Portugal (38,2%) and Italy (37,8%).

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Members of the American Chamber of Commerce in the Czech Republic