| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : International Last Updated: Oct 1, 2009 - 11:35:17 AM


Eurozone unemployment rate rose to 9.6% in August 2009; Lowest in Netherlands 3.5%; Highest in Spain 18.9%; Ireland at 12.5%
By Finfacts Team
Oct 1, 2009 - 9:48:16 AM

Email this article
 Printer friendly page

The Eurozone (EA16) seasonally-adjusted unemployment rate was 9.6% in August 2009, compared with 9.5% in July. It was 7.6% in August 2008. The EU27 unemployment rate was 9.1% in August 2009, compared with 9.0% in July3. It was 7.0% in August 2008. For the Eurozone this is the highest rate since March 1999 and for the EU27 since March 2004, according to Eurostat, the EU's statistics office. The rate was lowest in the Netherlands at 3.5%;  highest in Spain at 18.9%. Ireland was at 12.5%.

Eurostat estimates that 21.872 million men and women in the EU27, of which 15.165 million were in the Eurozone, were unemployed in August 2009. Compared with July, the number of persons unemployed increased by 236,000 in the EU27 and by 165,000 in the Eurozone. Compared with August 2008, unemployment went up by 5.008 million in the EU27 and by 3.224 million in the Eurozone.

Among the Member States, the lowest unemployment rates were recorded in the Netherlands (3.5%) and Austria (4.7%), and the highest rates in Spain (18.9%) and Latvia (18.3%).

Compared with a year ago, all Member States recorded an increase in their unemployment rate. The smallest increases were observed in Belgium (7.5% to 7.9%) and Germany (7.2% to 7.7%). The highest increases were registered in Latvia (7.4% to 18.3%) and Estonia (4.1% to 13.3% between the second quarters of 2008 and 2009).

Between August 2008 and August 2009, the unemployment rate for males rose from 7.0% to 9.4% in the Eurozone and from 6.7% to 9.1% in the EU27. The female unemployment rate increased from 8.3% to 9.8% in the Eurozone and from 7.5% to 9.0% in the EU27.

In August 2009, the youth unemployment rate (under-25s) was 19.7% in the Eurozone and 19.8% in the EU27. In August 2008 it was 15.6% and 15.5% respectively. The lowest rate was observed in the Netherlands (6.3%), and the highest rates in Spain (39.2%) and Lithuania (31.2% in the second quarter of 2009).

The unemployment rate was 9.7% in the US in August 2009. In Japan it was 5.7% in July 2009.

The Eurozone (EA16) consists of Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

Tables

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

International
Latest Headlines
Markets: Greece back at the brink; Barclays reports dip in 2011 profits - - cuts cash bonuses
Friday Newspaper Review - - Irish Business News - - February 10, 2012
Markets: Credit Suisse reports Q4 2011 loss; UK-listed Greencore has strong start to its financial year; ECB expected to keep rates on hold
Thursday Newspaper Review - Irish Business News and International Stories - - February 09, 2012
Markets: Smurfit Kappa reports pre-tax profits trebled in 2011; Nokia to cut 4,000 jobs and move production to Asia
Wednesday Newspaper Review - Irish Business News and International Stories - - February 08, 2012
Markets: UBS reports plunge in 2011 profit: BP reports profit surge; Santander adds €2.3bn to provisions; Toyota's 9-month profit dips; Glencore to buy Xstrata
Tuesday Newspaper Review - Irish Business News and International Stories - - February 07, 2012
Markets News: Aer Lingus reports rise in January traffic
Monday Newspaper Review - Irish Business News and International Stories - - February 06, 2012
Markets: Ryanair warns Aer Lingus on covering €400m deficit in staff pension fund
Friday Newspaper Review - - Irish Business News - - February 03, 2012
Markets: Deutsche Bank plunges to loss in Q4 2011; Baltic Dry Index sinks to 25-year low on shipping glut
Thursday Newspaper Review - Irish Business News and International Stories - - February 02, 2012
Markets News: Amazon.com's fourth-quarter earnings fell 57%
Wednesday Newspaper Review - Irish Business News and International Stories - - February 01, 2012
Markets News: EU25 leaders agree to sign fiscal compact agreement in March
Tuesday Newspaper Review - Irish Business News and International Stories - - January 31, 2012
Markets News: EU leaders expected to approve text of new intergovernmental treaty today
Monday Newspaper Review - Irish Business News and International Stories - - January 30, 2012
Spain's jobless rate at end 2111 was 22.85%; Samsung reports record profits; Baltic Dry Index down 27 days in a row
Friday Newspaper Review - Irish Business News and International Stories - - January 27 , 2012
Markets News: Japan's struggling giants NEC and Nintendo expect big losses; NEC to cut 10,000 jobs
Thursday Newspaper Review - Irish Business News and International Stories - - January 26, 2012
Markets News: Japan reports first annual trade deficit since 1980; World Economic Forum opens in Davos
Wednesday Newspaper Review - Irish Business News and International Stories - - January 25, 2012
Markets News: Irish retail sales continued to fall in Q4 2011; India's Reserve Bank switches stance to economic growth
Tuesday Newspaper Review - Irish Business News and International Stories - - January 24, 2012
Markets News: EU finance ministers to discuss new bailout fund and Greece restructuring talks
Monday Newspaper Review - Irish Business News and International Stories - - January 23, 2012
Markets: Year of Dragon set to commence as China's manufacturing weakness persists; Greencore decamps to London
Friday Newspaper Review - Irish Business News and International Stories - - January 22, 2012
Markets News: 1880 vintage Eastman Kodak has little left but a patents' trove; Readymix in takeover talks
Thursday Newspaper Review - Irish Business News and International Stories - - January 19, 2012
Markets News: Tullow Oil says revenues doubled to $2.3bn in 2011
Wednesday Newspaper Review - Irish Business News and International Stories - - January 18, 2012
Markets News: RBS sells Dublin-based aviation leasing unit for $7.3bn; C&C reports strong Christmas drinks performance
Tuesday Newspaper Review - Irish Business News and International Stories - - January 17, 2012
Markets News: Sarkozy to continue to implement reforms despite ratings downgrade; DCC says good weather is bad news
Monday Newspaper Review - Irish Business News and International Stories - - January 16, 2012