Austria Leads European Employment Rankings

Business › Economy ♦ Published: July 4, 2012; 16:54 ♦ (Vindobona)

Regarding regional unemployment and total unemployment, Austria ranks first. The youth unemployment rate is the second-lowest in the EU.

Austria Leads European Employment Rankings / Picture: © Vindobona.org

The euro area (EA17) seasonally-adjusted unemployment rate3 was 11.1% in May 2012, compared with 11.0% in April. It was 10.0% in May 2011. The EU27 unemployment rate was 10.3% in May 2012, compared with 10.2% in April. It was 9.5% in May 2011.

Eurostat estimates that 24.868 million men and women in the EU27, of whom 17.561 million were in the euro area,…

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