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EU Employment and Social Situation Quarterly Review – June 2012

EU Employment and Social Situation Quarterly Review – June 2012

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According to the latest EU Employment and Social Situation Quarterly Review, the labour market and social situation in the EU have continued to be unfavourable overall and to show clearer signs of polarisation.
According to the latest EU Employment and Social Situation Quarterly Review, the labour market and social situation in the EU have continued to be unfavourable overall and to show clearer signs of polarisation.

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Published by: Joaquín Vicente Ramos Rodríguez on Jun 27, 2012
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06/10/2015

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The unemployment rate in the EU continued
to rise steadily in April 2012, reaching
10.3 %, and 11 % in the Euro area. Over
the past 13 months to April 2012, the
number of unemployed in the EU has risen
by more than 2 million to reach a new high
of 24.667 million, 17.405 million in the Euro
area. The trend in unemployment remains
upward in most Member States. However,
the rate of increase has slowed over the last
three months.

Though more moderately over recent
months, unemployment has steadily
increased over the last year

Chart 9: Monthly unemployment rate ( %)
for young people (15-24), adults (25-74),
male, female and total Jan 06–Apr 12 in the
EU

Over the 13 months to April 2012, EU
unemployment has continued to grow, by
0.9 pp (see Chart 9). Over the three
months to April 2012, the trend persisted,
with a rise by 0.2 pp to 10.3 %. In terms of
the number of people unemployed, more
than 2 million became unemployed over the
last 13 months to April 2012 (see
Chart 10), 340 000 of them over the last
three months. During the three months to
April 2012, the rise in unemployment
slowed down slightly, with on average a
monthly rise of 110 000 people, against
160 000 three months earlier and more than
200 000 six months earlier.

Chart 10: Monthly change in the number of
unemployed young people, adults and total
and monthly number of unemployed in the
EU Jan 06– Apr 12

in most Member States

Compared with a year ago, the
unemployment rate has risen in 15 Member
States. During the three months to April
2012, the unemployment rate rose in 13
Member States (see Chart 11). The highest
rises over the last three months were
recorded in Greece (+ 1.1 pp up to
February 2012 to 21.7 %), Spain (+0.8 pp
to 24.3 %), Italy (+0.7 % to 10.2 %),
Cyprus (+0.5 pp to 10.1 %), Portugal
(+0.5 pp to 15.2 %) and Bulgaria (+0.5 pp
to 12.6 %). However, 11 countries saw their
unemployment rate go down over the same
period. Over the three months to April
2012, Estonia saw the most significant fall
(-0.8 pp to March 12, to 10.8 %), Malta (-
0.5 pp to 5.7 %), Hungary (-0.5 pp to
10.7 %), Ireland (-0.4 pp to 14.2 %) and
Slovakia (-0.4 pp to 13.7 %).

Chart 11: Change in unemployment rate
( %) over the last 12 months and last three
months to April 2012

Social Europe
EU Employment and Social Situation I Quarterly Review

June 2012 I 15

Among the large Member States, the rate of
unemployment rose in Italy, Spain and
France (+0.2 pp to 10.2 %), fell in Germany
(-0.2 pp to 5.4 %) and the United Kingdom
(-0.2 pp up to March 2012 to 8.1 %) and
remained stable in Poland at 9.9 %. The gap
among EU Member States in terms of their
unemployment rate continues to widen,
with a range of 20.4 pps between the
lowest rate (in Austria, 3.9 %) and the
highest (in Spain, 24.3 %). That is the
widest range seen in the past decade.
Differences among EU Member States are at
their highest, with a standard deviation rate
in April 2012 close to 5 points (see
Chart 12). At 22.4 % in April 2012, youth
unemployment rate remains extremely high
compared to the average, as the section on
Youth below confirms.

Chart 12: Unemployment rate in selected
Member States Jan 2006-April 2012 (Lhs)
and standard deviation of Member States
monthly unemployment rate (Rhs)

Men are have been hit harder by the recent
rise in unemployment than women

During the unemployment surge from April
2008 to April 2010, men accounted for two-
thirds of the new jobless, with the
unemployment rate for men standing at
9.8 % in April 2010 against 9.6 % for
women. The rise in unemployment over the
last year has again hit men harder, but to a
lesser extent. Among the 2 million who lost
their jobs, men predominate (55 %)
compared to women (45 %). With a rise of
0.9 pp for men against 0.8 pp for women
since March 2011, the gender gap is again
slightly in favour of men, whose
unemployment rate stands at 10.2 % in
April 2012 against 10.3 % for women.

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