PositionBrief article

The eurozone seasonally adjusted unemployment rate was 12% in January, stable since October 2013. It was also 12% in January 2013. The EU28 unemployment rate was 10.8% in January 2014, also stable since October 2013. It was 11% in January 2013, Eurostat reported, on 28 February.

The EU statistics office estimates that in January 2014, 26.231 million men and women were jobless in the EU28, of whom 19.175 million in the eurozone.

The lowest unemployment rates were recorded in Austria (4.9%), Germany (5%) and Luxembourg (6.1%), and the highest in Greece (28% in November 2013) and Spain (25.8%).

Compared with a year ago, the largest increases were registered in Cyprus (14.4% to 16.8%), Greece (26.3% to 28% between November 2012 and November 2013), Croatia (17.4% to 18.8%), Italy (11.8% to 12.9%) and the Netherlands (6% to 7.1%). The largest decreases were observed in Latvia (14.3% to 11.5% between the fourth quarters...

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