EU Jobless Rate Hits Post-2009 Low in November 2015 - Eurostat

The unemployment rate in the European Union (EU28) has decreased to 9.1% in November 2015, from 9.2% in October, and from 10.0% in November 2014.

“This is the lowest rate recorded in the EU28 since July 2009,” Eurostat announced on Thursday.

Compared with a year ago, the unemployment rate in November fell in 25 member states, with the largest decreases recorded in Spain (from 23.7% to 21.4%), Bulgaria (from 10.6% to 8.8%) and Italy (from 13.1% to 11.3%), the statistical office of the European Union said in a press release.

Increases were registered in Austria (from 5.6% to 5.8%) and Finland (from 9.0% to 9.4%).

The lowest unemployment rates in November 2015 were recorded in Germany (4.5%), the Czech Republic (4.6%) and Malta (5.1%). The highest rates were registered in Greece (24.6% in September 2015) and Spain (21.4%).

The seasonally-adjusted unemployment rate in the euro area (EA19) decreased to 10.5% in November 2015, the lowest level on record since October 2011.

The EA19 unemployment rate was 10.6% in October 2015 and 11.5% in November 2014.

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