Labour Market Fact Sheet - March 2011

Unemployment in the EU fell slightly in January, while the labour market continues to show consistent signs of recovery in some EU countries, according to the latest Monthly Labour Market Fact Sheet released by the Commission. Nonetheless, despite the slow economic recovery, conditions are generally likely to remain weak for some time.The unemployment rate at EU level, after remaining remarkably static at 9.6% from February to December 2010, fell by 0.1 percentage points (pps) for the first time since the onset of the crisis, while the decline in employment has stopped as of the second quarter last year.

The labour market situation for young people in the EU remains depressed and continues to show worrying developments in some Member States. However, the youth unemployment rate did not rise further after November 2010 and edged down by 0.1 pps in January of this year, as compared to the previous month, to 20.6 %. There are five Member States where the youth unemployment rate surpasses the 30% level (ES, LV, LT, HU, SK) and three where it hovers below 10 per cent (DE, AT, NL).

author(s): European Commission, DG Employment and Social Affairs
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