The Eurozone (EA17) seasonally-adjusted unemployment rate was 12.1% in March
2013, up from 12.0% in February. The EU27 unemployment rate was 10.9%, stable
compared with February. In both zones, rates have risen markedly compared with
March 2012, when they were 11.0% and 10.3% respectively. These figures are
published by Eurostat, the statistics office of the European Union. Eurostat estimates that 26.52m men and women in the EU27, of whom
19.21m were in the Eurozone, were unemployed in March 2013. Compared with February 2013, the number of
persons unemployed increased by 69,000 in the EU27 and by 62,000 in the
Eurozone. Compared with March 2012, unemployment rose by 1.81m in the EU27 and
by 1.72m in the Eurozone.
Among the member countries, the lowest unemployment rates were recorded in
Austria (4.7%), Germany (5.4%) and Luxembourg (5.7%), and the highest in Greece (27.2% in January), Spain
(26.7%) and Portugal (17.5%). Compared with a year ago, the unemployment rate increased in nineteen member
countries and fell in eight. The highest increases were registered in Greece (21.5% to 27.2% between January 2012
and January 2013), Cyprus (10.7% to 14.2%), Spain (24.1% to 26.7%) and Portugal (15.1% to 17.5%). The
largest decreases were observed in Latvia (15.6% to 14.3% between the fourth quarters of 2011 and 2012), Estonia
(10.6% to 9.4% between February 2012 and February 2013) and Ireland (15.0% to 14.1%).
Between March 2012 and March 2013, the unemployment rate for males increased
from 10.8% to 11.9% in the Eurozone and from 10.2% to 10.9% in the EU27. The female unemployment rate rose
from 11.3% to 12.2% in the Eurozone and from 10.4% to 11.0% in the EU27.
In March 2013, 5.69m young persons (under 25) were unemployed in the
EU27, of whom 3.60m were in the Eurozone. Compared with March 2012, youth unemployment rose by 177,000
in the EU27 and by 184 000 in the Eurozone. In March 2013, the youth unemployment rate was 23.5% in the
EU27 and 24.0% in the Eurozone, compared with 22.6% and 22.5% respectively in March 2012. In March 2013,
the lowest rates were observed in Germany and Austria (both 7.6%) and the Netherlands (10.5%), and the highest
in Greece (59.1% in January 2013), Spain (55.9%), Italy (38.4%) and Portugal (38.3%). Ireland's rate was (30.3%).
The calculation of the youth employment rate excludes youth in full-time
education. So Spain's rate of 55.7% does not mean that more than half of
Spaniards under 25 are unemployed.
The unemployment rate in the USA was 7.6% in March 2013. In Japan it was 4.3%
in February 2013.
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