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Jobless numbers plummet in EU and fall 2% in last year in Spain
Wednesday, December 9, 2015 @ 1:23 PM

UNEMPLOYMENT figures in the Eurozone have fallen to their lowest since 2009, the worst year of the financial crisis, and Spain's own jobless numbers have dropped by 2% since then, according to the EU statistics agency Eurostat.

As at the end of October – the most recent date for which figures are available – jobless numbers in the common currency area averaged 10.7%, falling to 9.3% in the EU-28 as a whole.

This is a decrease of 0.1% on the previous month for the Eurozone and remains the same for the rest of the EU.

For the Eurozone, this is the lowest level of unemployment since January 2012 and, for the EU overall, since September 2009.

At the same time last year, jobless numbers sat at 11.5% for the Eurozone and 10.1% for the EU.

The difference in real terms was 13,000 people since the previous month or 1.3 million in the past year for the common currency area, and 36,000 since September and 1.9 million since October 2014 for the 28 member States of the EU.

Spain continues, after Greece, to have the highest unemployment, standing at 21.6% in October – 2% lower than a year before, when it sat at 23.9%., meaning dole figures have reduced more in Spain than anywhere else in Europe.

Germany features the lowest level of unemployment at 4.5%, followed by the Czech Republic at 4.7%, and Malta at 5.1%.

Greece's last-known jobless numbers sat at 24.6%, the only one of the 27 member States with a worse record than Spain.

Read more at thinkSPAIN.com



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