Analytics, Employment, EU – Baltic States, Lithuania
International Internet Magazine. Baltic States news & analytics
Tuesday, 23.04.2024, 08:25
The lowest unemployment rate among Baltic states in September 2008 – in Estonia
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The EU27 unemployment rate was 7.0% in September 2008, compared with 6.9% in August. It was 7.0% in September 2007.
In Lithuania, unemployment stood at 4.6% in September this year. It totalled 5% in August 2008 and 4.1% in September last year.
Eurostat estimates that 16.710 million men and women in the EU27, of which 11.691 million were in the euro area, were unemployed in September 2008. Compared with August 2008, the number of persons unemployed increased by 32 000 in the EU27 and by 52 000 in the euro area. Compared with September 2007, unemployment went up by 132 000 in the EU27 and by 507 000 in the euro area.
Among the Member States, in September the lowest unemployment rates were registered in the Netherlands – 2.5 %, Denmark – 2.9 %, Austria – 3.2 %, Cyprus – 3.8 %, Slovenia – 4.1 %, Estonia and Luxembourg – 4.2 %, Czech Republic – 4.3 % and Lithuania – 4.6 %.
Compared with a year ago, seventeen Member States recorded a fall in their unemployment rate, nine – an increase and one remained stable. The largest falls were observed in Poland (9.0% to 6.5%) and Austria (4.5% to 3.2%), and the highest increases in Spain (8.3% to 11.9%) and Ireland (4.6% to 6.6%).
The unemployment rate was 6.1% in the USA in September 2008 and 4.2% in Japan in August 2008.
The highest unemployment rates in EU last month were in Spain – 11.9 %, Slovakia – 10 %, Hungary and France – 7.9 % and Greece – 7.5 %.
The euro area seasonally-adjusted unemployment rate stood at 7.5 % in September 2008, same as in August. The average unemployment level in September 2007 was 7 % in the EU and 7.3 % in euro zone.
The year-on-year unemployment rate decreased in 17 EU member countries, increased in nine and remained unchanged in one. The largest unemployment rate increase was registered in Spain – from 8.3 % to 11.9 %, and Ireland – from 4.6 % to 6.6 % this year. Poland and Austria registered the largest decreases in unemployment rate, compared with 2007 – from 9 % to 6.5 % and from 4.5 % to 3.2 %, respectively.
In the United States the average unemployment level in September was 6.1 %, whereas Japan registered a 4.2 % unemployment rate (in August).
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