Euro-zone unemployment stable at 8.4%

EU15 steady at 7.6%

Euro-zone1 seasonally-adjusted unemployment2 stood at 8.4% in March 2002 unchanged compared to February3, Eurostat - Statistical Office of the European Communities in Luxembourg - reports today. It was 8.3% in March 2001.

The EU15 unemployment rate was 7.6% in March unchanged compared to February3. It was also 7.6% in March 2001.

In March 2002, lowest rates were registered in the Netherlands (2.4% in February), Luxembourg (2.6%), Austria (4.0%), Denmark (4.1%), Portugal (4.3%), and Ireland (4.4%). Spain’s 12.9% remained the EU’s highest rate.

In the last twelve months, the most important relative falls were recorded in the Netherlands (2.6% in February 2001 to 2.4% in February 2002) and Denmark (4.4% to 4.1%). Ireland (3.7% to 4.4%), Austria (3.4% to 4.0%), Luxembourg (2.3% to 2.6%) and Portugal (4.0% to 4.3%) recorded the most important relative increases over the past year.

For further details please visit europa.eu.int.

(source: Eurostat)

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