UNEMPLOYMENT : JOBLESS RATE HEADING BACK UP.

PositionBrief article

In the eurozone, the seasonally adjusted unemployment rate was 8% in December 2008, compared with 7.9% in November and 7.2% in December 2007. In the EU as a whole, it was 7.4% in December 2008, compared with 7.3% in November and 6.8% in December 2007.

According to Eurostat estimates, published on 30 January, 17.911 million men and women were unemployed in December 2008. Compared with November 2008, the number of unemployed has risen by 309,000.

Compared with a year ago, nine EU member states saw a fall in their unemployment rate and fourteen an increase, while in four member states it remained stable. The largest falls were recorded in Poland (8.2% to 6.5%) and Slovakia (10.3% to 9.4%), and the highest increases in Spain (8.7% to 14.4%) and Estonia (4.1% to 9.2%).

The...

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