Un­em­ploy­ment up in June

Financial Mirror (Cyprus) - - FRONT PAGE -

The rate of un­em­ploy­ment rose in June to 16.2%, from 16.0% the pre­vi­ous month, but re­mained un­changed from a year ear­lier.

Ac­cord­ing to Euro­stat, the euro area sea­son­ally-ad­justed un­em­ploy­ment rate was 11.1% in June, sta­ble com­pared to May, and down from 11.6% in June 2014. The EU28 un­em­ploy­ment rate was 9.6% in June, also un­changed in May and down from 10.2% in June last year.

Among the EU mem­ber states, the low­est un­em­ploy­ment rates in June were in Ger­many (4.7%) and the Czech Re­pub­lic (4.9%), and the high­est in Greece (25.6% in April) and Spain (22.5%).

Com­pared to a year ago, the un­em­ploy­ment rate in June fell in 21 EU states, in­creased in five and re­mained sta­ble in France and Cyprus. The largest de­creases were seen in Lithua­nia (10.9% to 8.5%), Spain (24.5% to 22.5%) and Por­tu­gal (14.3% to 12.4%). In­creases were reg­is­tered in Bel­gium (8.4% to 8.6%), Ro­ma­nia (6.8% to 7.0%), Italy (12.4% to 12.7%), Aus­tria (5.7% to 6.0%) and Fin­land (8.6% to 9.5%).

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