European Job Creation Remains Weak

The unemployment rate in the eurozone stayed at 9.9% in June, Eurostat said today.

In the European Union as a whole, the unemployment rate remained unchanged at 9.4%. Only a 0.3% improvement from the unemployment rate in June 2010 of 9.7%.

Eurostat estimates that 22.5 million people were in unemployed in June, and that 38,000 jobs were created.

This compares with the 706,000 jobs that were created in June 2010.

The EU country with the lowest unemployment is Austria with 4.0% and Spain has the highest rate of unemployment at 21.0%.

Here is the eurozone area and EU unemployment rates in chart form:

 

unemployment

Photo: Eurostat

Country specific data:

unemployment

Photo: Eurostat

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