Analytics, Employment, EU – Baltic States

International Internet Magazine. Baltic States news & analytics Wednesday, 19.06.2013, 15:31

Latvia records EU's highest unemployment rate for third consecutive month in November

Nina Kolyako, BC, Riga, 11.01.2010.Print version
The average seasonally-adjusted unemployment rate in Latvia in November 2009 was 22.3%, as Latvia registered the highest unemployment rate in the European Union (EU) for the third month in a row, according to latest data from the EU statistical office Eurostat. In 2007 and up to mid-2008, Latvia had one of the lowest unemployment rates in the EU.

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.




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