Home / Knowledge / News / Euro area unemployment stable at 7.2%
Euro area unemployment stable at 7.2%
08
Jan '08
The euro area (EA13) seasonally-adjusted unemployment rate stood at 7.2% in November 2007, unchanged compared with October. It was 7.9% in November 2006. The EU27 unemployment rate was 6.9% in November 2007, the same as in October. It was 7.7% in November 2006.

In November 2007, the lowest rates were registered in the Netherlands (2.9%) and Denmark (3.2%), and the highest in Slovakia (11.0%) and Poland (8.5%).

These figures are published by Eurostat, the Statistical Office of the European Communities.

Over the last year, twenty-three Member States recorded a fall in their unemployment rate, two an increase, and Luxembourg and Romania remained stable. The largest relative falls were observed in Poland (12.2% to 8.5%) and Bulgaria (8.2% to 5.8%). Increases were registered in Portugal (7.9% to 8.2%) and Ireland (4.2% to 4.3%).

The unemployment rate for males fell from 7.0% to 6.5% between November 2006 and November 2007 in the euro area and from 7.2% to 6.4% in the EU27. The female unemployment rate declined from 9.0% to 8.0% in the euro area and from 8.4% to 7.4% in the EU27.

In November 2007, the unemployment rate for under-25s was 14.2% in the euro area and 14.9% in the EU27. In November 2006 it was 15.8% and 16.5% respectively. The lowest rates for under-25s were observed in the Netherlands (5.0%), Ireland (8.1%) and Austria (8.3%), and the highest in Greece (22.6% in the third quarter 2007), Romania (21.6%) and Italy (20.2% in the third quarter).

Eurostat estimates that 16.4 million men and women in the EU27, of which 11.0 million were in the euro area, were unemployed in November 2007. In November 2006, 18.3 million men and women in the EU27, of which 12.0 million were in the euro area, were unemployed.

In November 2007, the unemployment rate was 4.7% in the USA and 3.8% in Japan.

Eurostat


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search