Home / Knowledge / News / Unemployment rate for males fall in euro area
Unemployment rate for males fall in euro area
01
May '08
The euro area (EA15) seasonally-adjusted unemployment rate stood at 7.1% in March 2008, unchanged compared with February. It was 7.5% in March 2007. The EU27 unemployment rate was 6.7% in March 2008, also unchanged compared with February. It was 7.3% in March 2007.

Eurostat estimates that 15.993 million men and women in the EU27, of which 10.930 million were in the euro area, were unemployed in March 2008. Compared with February 2008, the number of persons unemployed decreased by 93 000 and 26 000 respectively.

Compared with March 2007, unemployment was down by 1.4 million in the EU27 and by 0.6 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 rates were registered in the Netherlands (2.6%) and Denmark (3.1% in February), and the highest in Slovakia (9.8%) and Spain (9.3%).

Over the last year, twenty-three Member States recorded a fall in their unemployment rate and four an increase. The largest falls were observed in Poland (10.3% to 7.7%), Bulgaria (7.5% to 5.9%) and Slovakia (11.3% to 9.8%), and the highest increases in Spain (8.1% to 9.3%) and Ireland (4.6% to 5.6%).

The unemployment rate for males fell from 6.7% to 6.3% between March 2007 and March 2008 in the euro area and from 6.7% to 6.2% in the EU27. The female unemployment rate declined from 8.6% to 8.0% in the euro area and from 8.1% to 7.3% in the EU27.

In March 2008, the youth unemployment rate (under-25s) was 14.5% in the euro area and 14.6% in the EU27. In March 2007 it was 14.9% and 15.7% respectively. The lowest rates were observed in the Netherlands (5.0%) and Denmark (6.8% in February), and the highest in Greece and Italy (both 21.8% in the fourth quarter 2007).

The unemployment rate was 5.1% in the USA in March 2008, and 3.9% in Japan in February 2008.

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

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Wendell Rodricks
Wendell Rodricks

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
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