International Internet Magazine. Baltic States news & analytics
Saturday, 01.11.2014, 05:51
Latvia records EU's highest unemployment rate for third consecutive month in November
In November 2009, the next highest unemployment rates were registered in Spain (19.4%), Estonia (15.2% – third quarter), Lithuania (14.6% – third quarter), Slovakia (13.6%) and Ireland (12.9%), reports LETA.
The lowest unemployment rates among the EU member states were recorded in the Netherlands (3.9%), Austria (5.5%), Luxembourg (6%), Cyprus (6.2%), Slovenia (6.8%), Malta (7%) and Denmark (7.2%).
The average seasonally-adjusted unemployment rate in the 27 European Union (EU) member states was 9.5% last November, compared to 9.4% in October. The euro area unemployment rate reached 10% in November, up from 9.9% in October.