Bulgaria with 8th Highest Unemployment Rate in EU

Politics » BULGARIA IN EU | October 2, 2012, Tuesday // 12:59
Bulgaria: Bulgaria with 8th Highest Unemployment Rate in EU File photo

The euro area seasonally-adjusted unemployment rate was 11.4 % in August 2012, stable compared with July; it was 10.2 % in August 2011, according to data of Eurostat.

The EU-27 unemployment rate was 10.5 % in August 2012, also stable compared with July; it was 9.7 % in August 2011.

Among the Member States, the lowest unemployment rates were recorded in Austria (4.5 %), Luxembourg (5.2 %), the Netherlands (5.3 %)and Germany (5.5 %), and the highest rates in Spain (25.1 %) and Greece (24.4 % in June 2012).

Eurostat estimates that 25.466 million men and women in the EU-27, of whom 18.196 million were in the euro area, were unemployed in August 2012.

Compared with July 2012, the number of persons unemployed increased by 49 000 in the EU-27 and by 34 000 in the euro area.

Compared with August 2011, unemployment rose by 2 170 000 in the EU-27 and by 2 170 000 in the euro area.

In August 2012, the unemployment rate in Bulgaria was 12.5%, the eight highest rate among the EU-27.

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Tags: eurostat, unemployment rate, Euro Area, EU, member states

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