Wednesday, December 01, 2004
[IWS] EuroStat: Euro-zone unemployment stable at 8.9% [1 December 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
141/2004 - 1 December 2004
October 2004
Euro-zone unemployment stable at 8.9%
EU25 down to 8.9%
http://epp.eurostat.cec.eu.int/cache/ITY_PUBLIC/3-01122004-AP/EN/3-01122004-AP-EN.PDF
[full-text, 5 pages]
Euro-zone seasonally -adjusted unemployment stood at 8.9% in October 200 4, unchanged compared to
September, Eurostat, the Statistical Office of the European Communities, reports today. It was also 8.9% in
October 2003. The EU254 unemployment rate was 8.9% in October 2004, down from 9.0% in September. It was
9.1% in October 2003.
In October 2004 , the lowest rates were registered in Luxembourg (4.3%), Ireland (4.4%), Austria (4.5%), the
United Kingdom (4.5% in August) and the Netherlands (4.7% in September). Unemployment rates were highest
in Poland (18.6%), Slovakia (17.7%), Spain (10.5%) and Lithuania (10.1%).
Amongst the Member States for which recent data are available, ten recorded an increase in their unemployment
rate over a year, twelve a decrease and one remained the same. The Netherlands (3.9% in September 2003 to
4.7% in September 2004), Luxembourg ( 3.9% to 4.3%), Cyprus (4.7% to 5.0%) and Hungary (5.7% to 6.0%)
registered the most important relative increases, while the largest relative decreases were observed in Lithuania
(12.2% to 10.1%), Estonia (10.1% to 8.5%) and Malta (8.0% to 7.0%).
In October 2004 compared to October 2003, the unemployment rate for males was unchanged at 7.9% in the eurozone
and decreased from 8.3% to 8.2% in the EU25. The female unemployment rate was unchanged at 10.2% in
the euro-zone, and fell from 10.0% to 9.9% in the EU25.
In October 2004 , the unemployment rate for under-25s was 17.4% in the euro-zone and 18.2% in the EU25. In
October 2003 it was 1 7.3% and 18.4% respectively. The lowest rates for under-25s were observed in the
Netherlands (7.8% in September 2004), Denmark (7.9% in September 2004) and Ireland (8.1%), and the highest
in Poland (39.0%), Slovakia (31.4%), Greece (27.1% in December 2003) and Italy (27.1% in January 2004).
Eurostat estimates that, in October 2004, 12.7 million men and women were unemployed in the euro-zone and
19.1 million in the EU25. These are seasonally-adjusted figures in line with ILO criteria.
In October 2004, the US unemployment rate was 5.5% and the Japanese rate was 4.7%.
AND MORE...including TABLES....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
141/2004 - 1 December 2004
October 2004
Euro-zone unemployment stable at 8.9%
EU25 down to 8.9%
http://epp.eurostat.cec.eu.int/cache/ITY_PUBLIC/3-01122004-AP/EN/3-01122004-AP-EN.PDF
[full-text, 5 pages]
Euro-zone seasonally -adjusted unemployment stood at 8.9% in October 200 4, unchanged compared to
September, Eurostat, the Statistical Office of the European Communities, reports today. It was also 8.9% in
October 2003. The EU254 unemployment rate was 8.9% in October 2004, down from 9.0% in September. It was
9.1% in October 2003.
In October 2004 , the lowest rates were registered in Luxembourg (4.3%), Ireland (4.4%), Austria (4.5%), the
United Kingdom (4.5% in August) and the Netherlands (4.7% in September). Unemployment rates were highest
in Poland (18.6%), Slovakia (17.7%), Spain (10.5%) and Lithuania (10.1%).
Amongst the Member States for which recent data are available, ten recorded an increase in their unemployment
rate over a year, twelve a decrease and one remained the same. The Netherlands (3.9% in September 2003 to
4.7% in September 2004), Luxembourg ( 3.9% to 4.3%), Cyprus (4.7% to 5.0%) and Hungary (5.7% to 6.0%)
registered the most important relative increases, while the largest relative decreases were observed in Lithuania
(12.2% to 10.1%), Estonia (10.1% to 8.5%) and Malta (8.0% to 7.0%).
In October 2004 compared to October 2003, the unemployment rate for males was unchanged at 7.9% in the eurozone
and decreased from 8.3% to 8.2% in the EU25. The female unemployment rate was unchanged at 10.2% in
the euro-zone, and fell from 10.0% to 9.9% in the EU25.
In October 2004 , the unemployment rate for under-25s was 17.4% in the euro-zone and 18.2% in the EU25. In
October 2003 it was 1 7.3% and 18.4% respectively. The lowest rates for under-25s were observed in the
Netherlands (7.8% in September 2004), Denmark (7.9% in September 2004) and Ireland (8.1%), and the highest
in Poland (39.0%), Slovakia (31.4%), Greece (27.1% in December 2003) and Italy (27.1% in January 2004).
Eurostat estimates that, in October 2004, 12.7 million men and women were unemployed in the euro-zone and
19.1 million in the EU25. These are seasonally-adjusted figures in line with ILO criteria.
In October 2004, the US unemployment rate was 5.5% and the Japanese rate was 4.7%.
AND MORE...including TABLES....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 2:40 PM
