Eurozone: July unemployment lowest in almost three and a half years
Share article:
Share article:

Eurozone: July unemployment lowest in almost three and a half years

©Belga
©Belga

The unemployment rate in the Eurozone stood at 10.9% in July this year, down from 11.6% in July and 11.1% in June 2015, revealed Eurostat (European office of statistics) on Tuesday. This is the lowest unemployment rate the Eurozone has experienced since February 2012.

In July, the unemployed numbered 17.532 million in the Eurozone, representing a decrease of 1.116 million people compared to July 2014 and 213,000 MoM (month-on-month). The lowest unemployment rates were recorded in Germany (4.7%), the Czech Republic and Malta (5.1% each), while the highest were to be found in Greece (25.0 % in May 2015) and Spain (22.2%).

Over the course of one year, the July 2015 unemployment rate fell in 23 Member States, rose in three others and remained stable in Belgium (8.5%) and in Romania, points out Eurostat. The largest drops were observed in Bulgaria (from 11.5% to 9.4%), Spain (24.3% down to 22.2%), Greece (27.0% to 25.0 % between May 2014 and May 2015), Portugal (from 14.1% to 12.1%), Ireland (11.3% to 9.5%) and Croatia (16.9% to 15, 1%).

Rates rose in Finland (from 8.7% to 9.7%), France (10.3% to 10.4%) and Austria (5.7% to 5.8%). Across the EU, the unemployment rate averaged 9.5% in July 2015, down on both June 2015’s 9.6% and the 10.2 % recorded in July 2014. This is the lowest unemployment had been in the EU since June 2011.

(Source: Belga)

Latest news

Increase in number of people ‘asking King for mercy’ through royal pardons
More and more people living in Belgium have been seeking royal pardons, mainly for fines, largely as a result of it now being possible to send in ...
England now accepting cheaper Covid tests from fully vaccinated travellers
Fully vaccinated travellers who enter England from non-red countries will only be required to book a lateral flow test to take following their ...
Re-introducing face masks indoors considered as Covid-19 situation worsens
Belgium's council of ministers will hold an emergency meeting on Monday to discuss the worsening epidemiological situation, and reintroducing face ...
Federal museums to receive €2.9 million booster shot
Federal museums will receive an additional €2.9 million in support from the government for the fiscal year 2021, of which the first payouts will be ...
European Parliament emphasises healthy food and animal welfare in EU Farm to Fork Strategy
The European Parliament adopted this week a resolution on the EU Farm to Fork Strategy calling for a fair, healthy and environmentally-friendly food ...
Threats of strike action could affect Brussels’ STIB network from Monday
Brussels public transport operator STIB's trams, buses and metros could be affected from Monday 25 October onwards as the union representing the ...
Number of international adoptions in Belgium continues to drop
The number of regulated international adoptions authorised by Belgium further dropped in 2020, continuing an ongoing decreasing trend. Last ...
Disaster drill with emergency services held at Brussels Airport
Around 300 people took part in a disaster drill held was organised on Saturday by Brussels Airport in collaboration with external emergency services ...
Austria presents bill to legalise euthanasia
Austria’s government on Saturday presented its proposals for legalising assisted suicide, in response to a Constitutional Court ruling that the ...
Brussels’ Museum Night Fever draws in some 12,000 visitors
Some 12,000 participants took part in the 14th edition of Museum Night Fever in Brussels, with the 29 participating museums filled to the maximum ...
Relaunch of 10,000 steps campaign to get Flemish people moving
The Flemish government is breathing new life into its 10,000 steps campaign to get people in the region moving after a recent survey found that a ...
‘No scientific basis’ for giving everyone third dose, vaccine expert says
The head of Belgium's Vaccination Taskforce has argued that there is not enough scientific evidence to support the Flemish government's decision to ...