May 2016 Euro area unemployment at 10.1% EU28 at 8.6% | WPN World People News

The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in May 2016, down from 10.2% in April 2016 and from 11.0% in May 2015. This is the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in May 2016, down from 8.7% in April 2016 and from 9.6% in May 2015. This is the
lowest rate recorded in the EU28 since March 2009. These figures are published by Eurostat, the statistical office of the European Union.

Eurostat estimates that 21.084 million men and women in the EU28, of whom 16.267 million were in the euro area, were unemployed in May 2016. Compared with April 2016, the number of persons unemployed decreased by 96 000 in the EU28 and by 112 000 in the euro area. Compared with May 2015, unemployment fell by 2.166 million in the EU28 and by 1.440 million in the euro area.

Member States

Among the Member States, the lowest unemployment rates in May 2016 were recorded in the Czech Republic (4.0%), Malta (4.1%) and Germany (4.2%). The highest unemployment rates were observed in Greece (24.1% in March 2016) and Spain (19.8%).

Compared with a year ago, the unemployment rate in May 2016 fell in twenty-six Member States, remained stable in Latvia and increased in Austria (from 5.9% to 6.1%). The largest decreases were registered in Cyprus (from 15.3% to 12.0%), Croatia (from 16.2% to 13.3%), Bulgaria (from 10.0% to 7.3%) and Spain (from 22.5% to 19.8%).

In May 2016, the unemployment rate in the United States was 4.7, down from 5.0% in April 2016 and from 5.5% in May 2015.

Source: European Commission