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The Eurozone (EA17) consists of Belgium, Germany, Estonia, 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).
The Eurozone (EA17)
seasonally-adjusted unemployment rate was 9.9% in May 2011, unchanged compared
with April4. It was 10.2% in May 2010. The EU27
unemployment rate was 9.3% in May 2011, unchanged compared with April. It was
9.7% in May 2010. The Netherlands was
the lowest at 4.2%, Austria was at 4.3%, Ireland 14% and Spain 20%.
Eurostat estimates that 22.3m men and women
in the EU27, of whom 15.51m were in
the Eurozone, were unemployed in May 2011. Compared with April 2011, the number
of persons unemployed fell by 5 000 in the EU27 and increased by 16 000 in the
Eurozone. Compared with May 20105, unemployment decreased by 904 000 in the EU27
and by 551 000 in the Eurozone.
These figures are published by Eurostat, the statistics office of the European
Among the member states, the lowest
unemployment rates were recorded in the Netherlands (4.2%), Austria (4.3%) and Luxembourg
(4.5%), and the highest in Spain (20.9%), Lithuania (16.3% in the first quarter
of 2011) and Latvia (16.2% in the first
quarter of 2011).
Ireland's rate was 14%.
Compared with a year ago, the unemployment
rate fell in nineteen member states and increased in eight. The largest falls
were observed in Estonia (18.8% to
13.8% between the first quarters of 2010 and 2011), Latvia (19.9% to 16.2%
between the first quarters of 2010 and 2011), Germany (7.2% to 6.0%), Hungary
(11.2% to 10.0%) and Slovakia (14.5% to 13.3%). The highest increases were
registered in Greece (11.0% to 15.0% between the first quarters of 2010 and
2011), Bulgaria (10.1% to 11.2%), Cyprus (6.4% to 7.4%) and Slovenia (7.3% to 8.3%).
Between May 2010 and May 2011, the
unemployment rate for males fell from 10.1% to 9.6% in the Eurozone and from 9.8% to 9.2% in the EU27. The
female unemployment rate decreased from 10.4% to 10.2% in the Eurozone and from
9.6% to 9.5% in the EU27.
In May 2011, the youth unemployment rate
(under-25s) was 20.0% in the Eurozone
and 20.4% in the EU27. In May 2010 it was 21.2% in both zones. The lowest rates
were observed in the Netherlands (6.9%), Germany (7.7%) and Austria (9.1%), and
the highest in Spain (44.4%), Greece (38.5% in the first quarter of 2011),
Slovakia (33.7%) and Lithuania (32.9%
in the first quarter of 2011).
In May 2011, the unemployment rate was 9.1%
in the US. In April 2011, it was 4.7%