Edition 1505
15 December 2018
Edition: 1505

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Drop in Portugal's unemployment rate in October was fourth-largest in EU

by TPN/Lusa, in News · 03-12-2018 08:29:00 · 1 Comments

Portugal had the fourth-largest year-on-year drop in unemployment in the European Union in October, as the overall jobless rate fell in the EU as a whole and in the euro area, according to the EU’s statistical office, Eurostat.

Drop in Portugal's unemployment rate in October was fourth-largest in EU

 

In the euro area, unemployment was at 8.1% in October little changed from September, against 8.8% in October of 2017.

 

In the EU as a whole, the index behaved in similar fashion: it was little changed from September at 6.7%, and down from 7.4% in October 2017.

 

According to Eurostat, the latest figures for unemployment show the rate down in all member states from a year earlier. The biggest drops were in Croatia (to 8.1% from 10.2% a year earlier), Greece (to 18.9% in August, the most recent month for which figures are available, from 20.8% a year earlier) and Spain (to 14.8% in October from 16.6% a year earlier).

 

The Czech Republic (2.2%) and Germany (3.3%) had the lowest unemployment rates; Greece (18.9% in August) and Spain (14.8%) the largest.

Comments

...so what were the y-o-y numbers for Portugal?
by Ilkka Teras from Algarve on 04-12-2018 05:39:00

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Edition 1505
15 December 2018
Edition: 1505

Read this week's issue online exactly as it appears in print.

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