Edition 1266
26 April 2014
Edition: 1266

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

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Unemployment at 16.5% in December

by TPN/ Lusa, in News · 01-02-2013 16:19:00 · 1 Comments

Portugal’s jobless rate in December was 16.5%, slightly above November’s level but almost two percentage points up from a year earlier, according to data released on Friday by the European Commission’s statistical arm.

Unemployment at 16.5% in December

 

The rate was 16.3% in November and 14.6% in December of 2011, according to a Eurostat statement based on national figures, recalculated to fit European Union-wide rules.

 

In the euro-zone as a whole, the jobless rate in December was 11.7%, and in the EU 10.7%.

 

Both rates have been unchanged for two months but show significant increases on December of 2011: one percentage point in the case of the euro zone and 0.7 of a point for the EU as a whole.

 

The largest year-on-year increase in the unemployment rate was in Greece – up to 26.8% in December from 19.7% a year earlier.

 

Portugal had the fourth largest increase, after Cyprus and Spain.

 

In all three Baltic states unemployment fell, in the case of Estonia to 9.9% from 12.1% a year earlier.

Comments

And it is still on the rise. In the near future the government should build Centers of Emigration rather than the facilities they have now. Young people are now very qualified in Portugal, but there is no opportunities.
by Diogo from Madeira on 01-02-2013 06:47:00

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Edition 1266
26 April 2014
Edition: 1266

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

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