Euro area unemployment rate at 12.2%

by Sabrina I. Pacifici on May 31, 2013

News release: “The euro area (EA17) seasonally-adjusted unemployment rate was 12.2% in April 2013, up from 12.1% in March 4.  The EU27 unemployment rate was 11.0%, unchanged compared with the previous month. In both zones,rates have risen markedly compared with April 2012, when they were 11.2% and 10.3% respectively. These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that 26.588 million men and women in the EU27, of whom 19.375 million were in the euro area, were unemployed in April 2013. Compared with March 2013, the number of persons unemployed increased by 104 000 in the EU27 and by 95 000 in the euro area. Compared with April 2012, unemployment rose by 1.673 million in the EU27 and by 1.644 million in the euro area.”

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