Dutch unemployment lowest in EU

23/10/2008 15:00

After adjustment for seasonal effects, unemployment in the European Union was 6.9 percent in August 2008. This is the equivalent of just over 16.5 million unemployed. The Netherlands had the lowest rate of unemployment of all 27 member states: 2.6 percnet. The rate was highest in Spain, where 11.3 percent of the labour force were jobless.

Unemployment in the EU-27, August 2008

Unemployment in the EU-27, August 2008

EU unemployment fairly stable in 2008

Seasonally corrected unemployment in the EU-27 was 6.8 percent in the first four months of 2008. In May it rose to 6.9 percent, and it remains unchanged since then.

Unemployment in the eurozone was higher. In August 2008 7.5 percent of the labour force did not have a paid job. The difference between the EU and the eurozone has increased steadily in the past twelve months. 

Unemployment in the EU-27, eurozone, US and the Netherlands

Unemployment in the EU-27, eurozone, US and the Netherlands

Unemployment in the United States was lower than in the EU. Unemployment there has risen strongly in the past year, though, by 1.4 percent points to 6.1 percent in August 2008.

Strongest fall in Poland

In more than half of the countries in the EU unemployment fell in the last twelve months. The strongest falls were in Poland and Austria. Unemployment rose in six EU countries, by most in Spain and Ireland.

Youth unemployment (15-24 years) in the EU-27, eurozone, US and the Netherlands

Youth unemployment (15-24 years) in the EU-27, eurozone, US and the Netherlands

Youth unemployment down further

Youth unemployment in the EU peaked at 18.6 percent at the end of 2004. It subsequently fell gradually, to reach 14.9 percent in August 2008. Among other countries, youth unemployment dropped sharply in Bulgaria, Poland and Malta. The decrease in these countries was by more than 3 percent points.

Diana Janjetovic and Bart Nauta