Eurostat estimates that 17.462 million men and women in the EU28, of whom 13.880 million in the euro area, were unemployed in April2018. Compared with March 2018, the number of persons unemployed decreased by 53 000 in the EU28and by56 000 in the euro area. Compared with April 2017, unemployment fell by 1.633million in the EU28 and by 1.088 millionin the euro area.
Member States
Among the Member States, the lowest unemployment rates in April 2018 were recorded in the Czech Republic (2.2%), Malta (3.0%) and Germany (3.4%). The highest unemployment rates were observed in Greece (20.8% in February2018) and Spain (15.9%).
Compared with a year ago, the unemployment rate fell in all Member States except Italywhere it remained stable and Estonia where it increased (from 5.3% to 5.6% between March 2017 and March 2018).The largest decreases were registered in Cyprus (from 11.7% to 8.6%), Croatia (from 11.5% to 9.1%) and Portugal (from 9.5% to 7.4%).
In April2018, the unemployment rate in the United States was 3.9%, down from 4.1% in March 2018and from 4.4% in April 2017.
Youth unemployment
In April 2018, 3.426 million young persons (under 25) were unemployed in the EU28, of whom 2.433 million were in the euro area. Compared with April2017, youth unemployment decreased by 464 000 in the EU28 and by 306 000 in the euro area. In April2018, the youth unemployment rate was 15.3% in the EU28 and 17.2% in the euro area, compared with 17.2% and 19.3% respectively in April2017. In April2018, the lowest rates were observed in Germany (6.0%), Malta(6.8%) and the Netherlands(6.9%), whilethe highest were recorded in Greece (45.4% in February 2018), Spain (34.4%) and Italy (33.1%).
from The Malta Independent https://ift.tt/2LMLQQ7
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