The unemployment rate is an important measure of a country or regions economic health, and despite unemployment levels in the European Union falling slightly from a peak in early 2013, theyUnemployment. The number of unemployed in a country usually was expressed in terms of the labor force, and it is called unemployment rate. The unemployment rate is a percentage and it is calculated by dividing the number of unemployed people by all individuals currently in the labor force. eu unemployment figures by country
Compared with June 2017, youth unemployment decreased by 386 000 in the EU28 and by 266 000 in the euro area. In June 2018, the youth unemployment rate was 15. 2 in the EU28 and 16. 9 in the euro area, compared with 16. 8 and 18. 9 respectively in June 2017.
Unemployment data is gathered by asking people if they are unemployed. Employment quota is ratio of people (2564 years old) registered as having some work recently to the people living in a country. Difference is caused by the fact that some people are neither working not being unemployed. Related topics. Unemployment rate is the number of unemployed people as a percentage of the labour force, where the latter consists of the unemployed plus those in paid or selfemployment. Unemployed people are those who report that they are without work, that they are available for work and that they have taken active steps to find work ineu unemployment figures by country The ILO harmonized unemployment rate refers to those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. The OECD harmonized unemployment rate gives the number of unemployed persons as
In May 2018, the seasonally adjusted youth unemployment rate in Spain was at 33. 8 percent. Youth unemployment rate in EU member states. Unemployment is a crucial economic factor for a country; youth unemployment is often examined separately because it tends to be higher than unemployment in older age groups. eu unemployment figures by country Unemployment Rate in European Union decreased to 6. 90 percent in June from 7 percent in May of 2018. Unemployment Rate in European Union averaged 8. 95 percent from 2000 until 2018, reaching an all time high of 11 percent in February of 2013 and a record low of 6. 80 percent in February of 2008. Historical. Data. API. Poll. Forecast. Alerts. Europe: Ranking of statistics Unemployment () The 5 highest records for sovereign countries (1 per country) since 1980: 1 Bosnia and Herzegovina Unemployment () was 70. 00 in 1995 This is list of European countries by unemployment and employment rate