ECB logo
Menu

Labour market

The unemployment rate in the euro area reached very high levels in the 1980s and 1990s. Having fallen back during the initial years of EMU, it has risen markedly since the onset of the 2008 recession. In August 2013, the euro area unemployment rate stood at 12.0%, corresponding to about 19.2 million unemployed persons across the euro area. Euro area participation rates tend to be lower in the euro area than in the United States - particularly for younger and older workers. Taken together with the relatively low number of hours worked per employed person, this is an important contributor to lower GDP per capita in the euro area than in the United States.

Unemployment in the euro area, the United States and Japan

Unemployment in the euro area, the United States andJapan (as a percentage of the labour force; annual data)

Sources: European Commission; Eurostat; ECB staff calculations. Based on annual averages. Euro area data up to and including 1995 relate to euro area 12 (prior to 1991 on the basis of West Germany); post-1995, data refer to euro area 17; for 2012 average of monthly values up to and including November.

北京pk赛车10官网 体彩浙江11选5开 即时指数网 比分直播188 3d双胆预测 股票型基金排名 福建十一选五 股票融资技巧·杨方配资平台 强生控股股票 篮网球比分 3d试机号后分析预测 甘肃11选5 十一选五走势图一定牛 富深配资 萬赢在线配资 青海十一选五 5分11选五走势图