Spain registers the highest level of unemployment (11.7%) and youth unemployment (27.4%) among the Twenty-seven
MADRID, 1 Ago. (EUROPA PRESS) –
The unemployment rate in the euro area stood at 6.4% last June, in line with the two previous months and its lowest level in the entire historical series, while in the EU as a whole it also repeated for third month the historical minimum of 5.9%, according to data published by Eurostat.
In this way, the unemployment rate in the euro area has been one percentage point below the level prior to the pandemic, since in February 2020 unemployment among the euro countries was 7.4%.
The European statistical office estimates that 12.802 million people were unemployed in the EU in June, of which 10.814 million were in the euro zone.
This represents a monthly decrease of 2,000 unemployed in the EU and 62,000 in the euro zone. Compared to June 2022, unemployment decreased by 387,000 people in the EU and by 441,000 in the euro zone.
Among the Twenty-seven, the highest unemployment rates corresponded to Spain, with 11.7%; Greece, with 11.1%; Lithuania and Sweden, with 7.5% each. By contrast, the lowest unemployment figures were observed in Malta, at 2.6%; Poland and the Czech Republic, with 2.7% each; and Germany, with 3%.
In the case of those under 25 years of age, the unemployment rate in the euro zone fell in June to 13.8% from 14%, while in the EU as a whole the figure rose one tenth, to 14, 1%.
In absolute terms, the number of young unemployed in the EU reached 2.73 million people in the sixth month of the year, of which 2.2 million corresponded to the euro area.
In the case of Spain, in June 2023, 2.79 million people were unemployed, of which 464,000 were under 25 years of age.
Thus, the youth unemployment rate in Spain was 27.4%, the highest among the Twenty-seven, ahead of Greece’s 23.6%, as well as Sweden’s 21.3%.
