The number of unemployed people in the European Union in July exceeded eighteen million people, as a percentage of total unemployment rate fixed at 11.3%. Compared to the same period last year, the unemployment rate in the EU was 10.1%. It is stated in the official press release Eurostat.
According to Agence France-Presse, at the present time the unemployment rate in the European Union over the entire observation period beginning in 1995, a record. The previous record of 11.2% was set in June.
Compared with June, the number of unemployed people in seventeen countries of the European Union in July of this year increased by 88,000 people. Leading positions of Spain and Greece. There, the unemployment rate fixed at 25.1% and 23.1%, respectively. The lowest rates of unemployment in Austria - 4.5%, the Netherlands - 5.3%. In Germany and Luxembourg, the unemployment rate is 5.5%.
In the 27 countries of the European Union, the number of unemployed persons in July this year reached 25.254 million, in percentage terms, the figure was 10.4%. In 2011, the figure was 9.6%.
In July, the International Labour Organization published a study, from which we can conclude that if the EU authorities will not introduce changes in economic policy, the unemployment rate will continue to rise.