Home / Knowledge / News / Lowest unemployment rate registers in Netherlands
Lowest unemployment rate registers in Netherlands
01
Apr '08
The euro area1 (EA15) seasonally-adjusted unemployment rate stood at 7.1% in February 2008, unchanged compared with January. It was 7.6% in February 2007. The EU27 unemployment rate was 6.7% in February 2008, compared with 6.8% in January. It was 7.4% in February 2007.

Eurostat estimates that 15.970 million men and women in the EU27, of which 10.909 million in the euro area, were unemployed in February 2008. Compared with January 2008, the number of persons unemployed decreased by 130 000 and 59 000 respectively.

Compared with February 2007, unemployment was down by 1.5 million in the EU27 and by 0.7 million in the euro area. These figures are published by Eurostat, the Statistical Office of the European Communities.

Among the Member States, the lowest unemployment rate was registered in the Netherlands (2.7%) and the highest in Slovakia (9.9%).

Over the last year, twenty-two Member States recorded a fall in their unemployment rate, four an increase and one remained stable. The largest falls were observed in Poland (10.8% to 8.0%), Bulgaria (7.7% to 6.0%) and Slovakia (11.5% to 9.9%), and the highest increase in Spain (8.1% to 9.0%).

The unemployment rate for males fell from 6.7% to 6.3% between February 2007 and February 2008 in the euro area and from 6.8% to 6.2% in the EU27. The female unemployment rate declined from 8.7% to 8.0% in the euro area and from 8.1% to 7.3% in the EU27.

In February 2008, the youth unemployment rate (under-25s) was 14.4% in the euro area and 14.6% in the EU27. In February 2007 it was 15.0% and 15.8% respectively. The lowest rates were observed in the Netherlands (5.1%) and Austria (7.7%), and the highest in Greece and Italy (both 21.8% in the fourth quarter 2007).

In February 2008, the unemployment rate was 4.8% in the USA and 3.9% in Japan.

Click here to view more:

Eurostat

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search