Austrian Has Lowest Unemployment Rate in EU

Politics ♦ Published: January 7, 2012; 10:53 ♦ (Vindobona)

Euro area unemployment rate at 10.3%, EU27 at 9.8%. Austria ranks first with 4.0%. Regarding youth unemployment, only the German unemployment rate is lower.

Austrian Has Lowest Unemployment Rate in EU / Picture: © Vindobona.org

The euro area seasonally-adjusted unemployment rate3 was 10.3% in November 2011, unchanged compared with October4. It was 10.0% in November 2010. The EU27 unemployment rate was 9.8% in November 2011, also unchanged compared with October. It was 9.6% in November 2010.

Eurostat estimates that 23.674 million men and women in the EU27, of whom 16.372 million were in the euro area,…