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19/6/2021  
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EMPLOYMENT
2014-2015

Youth unemployment decreases by 450 000 in the EU28

Youth unemployment rates, EU-28 and EA-19, seasonally adjusted, January 2000 - May 2015 (Eurostat)

The euro area (EA19) seasonally-adjusted unemployment rate was 11.1% in May 2015, stable compared with April 2015, and down from 11.6% in May 2014. This is the lowest rate recorded in the euro area since March 2012. Compared with May 2014, youth unemployment decreased by 450 000 in the EU28 and by 300 000 in the euro area. These figures are published by Eurostat, the statistical office of the European Union.
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The euro area (EA19) seasonally-adjusted unemployment rate3 was 11.1% in May 2015, stable compared with April 2015 , and down from 11.6% in May 2014. This is the lowest rate recorded in the euro area since March 2012. The EU28 unemployment rate was 9.6% in May 2015, also stable compared with April 2015 and down from 10.3% in May 2014. This is the lowest rate recorded in the EU28 since July 2011.

Eurostat estimates that 23.348 million men and women in the EU28, of whom 17.726 million in the euro area, were
unemployed in May 2015. Compared with April 2015, the number of persons unemployed decreased by 38 000 in the EU28 and by 35 000 in the euro area. Compared with May 2014, unemployment fell by 1.575 million in the EU28 and by 939 000 in the euro area.

Among the Member States, the lowest unemployment rate in May 2015 was recorded in Germany (4.7%), and the highest in Greece (25.6% in March 2015) and Spain (22.5%).

Compared with a year ago, the unemployment rate in May 2015 fell in twenty-two Member States, increased in five and remained stable in Cyprus. The largest decreases were registered in Lithuania (11.0% to 8.2%), Spain (24.7% to 22.5%) and Ireland (11.7% to 9.8%). The increases were registered in Belgium (8.4% to 8.6%), France (10.1% to 10.3%), Romania (6.8% to 7.1%), Austria (5.6% to 6.0%) and Finland (8.6% to 9.4%).

In May 2015, the unemployment rate in the United States was 5.5%, up from 5.4% in April 2015 and down from
6.3% in May 2014.

Youth unemployment

In May 2015, 4.707 million young persons (under 25) were unemployed in the EU28, of whom 3.136 million were in the euro area. Compared with May 2014, youth unemployment decreased by 450 000 in the EU28 and by 300 000 in the euro area. In May 2015, the youth unemployment rate5 was 20.6% in the EU28 and 22.1% in the euro area, compared with 22.2% and 23.8% respectively in May 2014. In May 2015, the lowest rates were observed in Germany (7.1%), Denmark (10.0%) and Austria (10.1%), and the highest in Greece (49.7% in March 2015), Spain (49.3%), Croatia (43.6% in the first quarter 2015) and Italy (41.5%).


Other issues Employment
Coronavirus exposes danger of cuts to sick pay for Europe´s workers since the financial crisis
Euro area unemployment at 7.9%
Record number of people in employment in the EU
More than 1 in 5 self-employed in the EU had seized a suitable opportunity to run their own business
Euro area job vacancy rate at 2.1%
Annual growth in labour costs at 2.2% in euro area
Employment up by 0.4% in both the euro area and the EU28
European Parliament vote in favour the legal framework for the European Solidarity Corp
Employment Social review confirms positive trends but highlights needs for skills and and inclusion
New EU rules ensure better protection for 120 million holidaymakers this summer

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