Austria Keeps Lowest Unemployment Rate in EU

Business › Economy ♦ Published: October 31, 2011; 12:20 ♦ (Vindobona)

The EU27 unemployment rate was 9.7% in September 2011, compared with 9.6% in August4. It was 9.6% in September 2010. Austria leads the official statistics.

Austria Keeps Lowest Unemployment Rate in EU / Picture: © Vindobona.org

Among the Member States, the lowest unemployment rates were recorded in Austria (3.9%), the Netherlands (4.5%) and Luxembourg (4.8%), and the highest in Spain (22.6%), Greece (17.6% in July) and Latvia (16.1% in the second quarter of 2011).

Between September 2010 and September 2011, the unemployment rate for males remained stable at 9.9% in the euro area and fell from 9.6% to…

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