Tuesday, October 03, 2006
[IWS] EuroStat: Euro area unemployment up to 7.9% [3 October 2006]
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
________________________________________________________________________
EuroStat: 130/2006 - 3 October 2006
August 2006
Euro area unemployment up to 7.9%
EU25 unchanged at 8.0%
http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_10/3-03102006-EN-AP.PDF
[full-text, 5 pages]
Euro area seasonally-adjusted unemployment stood at 7.9% in August 2006, compared to 7.8% in July. It was
8.5% in August 2005. The EU254 unemployment rate was 8.0% in August 2006, unchanged compared to July. It
was 8.7% in August 2005.
In August 2006, the lowest rates were registered in Denmark (3.7%), the Netherlands (3.8%), Estonia (4.2%),
Ireland (4.4%), Luxembourg and Austria (both 4.8%). Unemployment rates were highest in Poland (15.0%),
Slovakia (13.1%), Greece (9.2% in the first quarter 2006), France (8.8%) and Belgium (8.6%).
These figures come from Eurostat, the Statistical Office of the European Communities.
Amongst the Member States, seventeen recorded a fall in their unemployment rate over a year, two remained
stable and five reported an increase. The largest relative falls were observed in Estonia (7.5% to 4.2%), Lithuania
(7.7% to 5.7%), Denmark (4.7% to 3.7%) and Latvia (8.9% to 7.2%). The highest relative increases were
registered in the United Kingdom (4.6% in June 2005 to 5.4% in June 2006) and Hungary (7.3% to 7.6%).
The unemployment rate for males fell from 7.4% to 6.8% between August 2005 and August 2006 in the euro area
and from 7.8% to 7.2% in the EU25. The female unemployment rate declined from 9.9% to 9.2% in the euro area
and from 9.8% to 9.1% in the EU25.
In August 2006, the unemployment rate for under-25s was 17.0% in the euro area and 17.5% in the EU25. In
August 2005 it was 17.5% and 18.3% respectively. The lowest rates for under-25s were observed in the
Netherlands (6.3%), Denmark (7.2%), Ireland (8.2%) and Estonia (9.2% in the second quarter 2006), the highest
in Poland (30.9%), Slovakia (26.0%), Greece (24.5% in the first quarter 2006) and Italy (23.4% in the first quarter
2006).
Eurostat estimates that 11.5 million men and women were unemployed in the euro area in August 2006, and 17.5
million in the EU25. These are seasonally-adjusted figures in line with ILO criteria.
In August 2006, the US unemployment rate was 4.7% and the Japanese rate was 4.2%.
Includes TABLES and CHART.....
______________________________
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----------------- 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
________________________________________________________________________
EuroStat: 130/2006 - 3 October 2006
August 2006
Euro area unemployment up to 7.9%
EU25 unchanged at 8.0%
http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_10/3-03102006-EN-AP.PDF
[full-text, 5 pages]
Euro area seasonally-adjusted unemployment stood at 7.9% in August 2006, compared to 7.8% in July. It was
8.5% in August 2005. The EU254 unemployment rate was 8.0% in August 2006, unchanged compared to July. It
was 8.7% in August 2005.
In August 2006, the lowest rates were registered in Denmark (3.7%), the Netherlands (3.8%), Estonia (4.2%),
Ireland (4.4%), Luxembourg and Austria (both 4.8%). Unemployment rates were highest in Poland (15.0%),
Slovakia (13.1%), Greece (9.2% in the first quarter 2006), France (8.8%) and Belgium (8.6%).
These figures come from Eurostat, the Statistical Office of the European Communities.
Amongst the Member States, seventeen recorded a fall in their unemployment rate over a year, two remained
stable and five reported an increase. The largest relative falls were observed in Estonia (7.5% to 4.2%), Lithuania
(7.7% to 5.7%), Denmark (4.7% to 3.7%) and Latvia (8.9% to 7.2%). The highest relative increases were
registered in the United Kingdom (4.6% in June 2005 to 5.4% in June 2006) and Hungary (7.3% to 7.6%).
The unemployment rate for males fell from 7.4% to 6.8% between August 2005 and August 2006 in the euro area
and from 7.8% to 7.2% in the EU25. The female unemployment rate declined from 9.9% to 9.2% in the euro area
and from 9.8% to 9.1% in the EU25.
In August 2006, the unemployment rate for under-25s was 17.0% in the euro area and 17.5% in the EU25. In
August 2005 it was 17.5% and 18.3% respectively. The lowest rates for under-25s were observed in the
Netherlands (6.3%), Denmark (7.2%), Ireland (8.2%) and Estonia (9.2% in the second quarter 2006), the highest
in Poland (30.9%), Slovakia (26.0%), Greece (24.5% in the first quarter 2006) and Italy (23.4% in the first quarter
2006).
Eurostat estimates that 11.5 million men and women were unemployed in the euro area in August 2006, and 17.5
million in the EU25. These are seasonally-adjusted figures in line with ILO criteria.
In August 2006, the US unemployment rate was 4.7% and the Japanese rate was 4.2%.
Includes TABLES and CHART.....
______________________________
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
****************************************