Euro Area Unemployment Rate at 9.9% in January


The euro area (EA17) seasonally-adjusted unemployment rate was 9.9% in January 2011, compared with 10.0% in December 2010. It was 10.0% in January 2010.

The EU27 unemployment rate was 9.5% in January 2011, compared with 9.6% in December 2010. It was 9.5% in January 2010.

Eurostat estimates that 23.048 million men and women in the EU27, of whom 15.775 million were in the euro area, were unemployed in January 2011. Compared with December 2010, the number of persons unemployed fell by 43 000 in the EU27 and by 72 000 in the euro area. Compared with January 2010, unemployment rose by 99 000 in the EU27 and remained nearly stable in the euro area.

Among the Member States, the lowest unemployment rates were recorded in the Netherlands and Austria (both 4.3%) and Luxembourg (4.7%), and the highest in Spain (20.4%), Latvia (18.3% in the third quarter of 2010) and Lithuania (17.4% in the fourth quarter of 2010).

Compared with a year ago, the unemployment rate fell in eleven Member States, remained stable in two and increased in fourteen. The largest falls were observed in Estonia (16.1% to 14.3% between the fourth quarters of 2009 and 2010), Malta (7.2% to 6.1%) and Sweden (8.9% to 7.9%). The highest increases were registered in Greece (9.7% to 12.9% between the third quarters of 2009 and 2010), Hungary (11.0% to 12.6%) and Lithuania (15.9% to 17.4% between the fourth quarters of 2009 and 2010).

Between January 2010 and January 2011, the unemployment rate for males fell from 9.9% to 9.8% in the euro area and from 9.7% to 9.6% in the EU27. The female unemployment rate increased from 10.0% to 10.1% in the euro area and from 9.3% to 9.5% in the EU27.

In January 2011, the youth unemployment rate (under-25s) was 19.9% in the euro area and 20.6% in the EU27. In January 2010 it was 20.2% and 20.7% respectively. The lowest rates were observed in the Netherlands (7.8%), Austria (8.0%) and Germany (8.3%), and the highest in Spain (43.1%), Slovakia (37.7%) and Lithuania (34.4% in the fourth quarter of 2010).


Eurostat
3/2/2011 11:54:24 AM