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

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kerem Durdag
Biovation II LLC

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Bani Batra

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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 2017

January 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