Unemployment drop is third biggest in July

By TPN/Lusa, in News · 03-09-2018 10:36:00 · 0 Comments
Unemployment drop is third biggest in July

The year-on-year unemployment rate fell to 8.2% in July in the eurozone and to 6.8% in the European Union (EU), with Portugal third in the biggest drops ranking compared to 2017, Eurostat revealed.

The EU’s statistics office said unemployment fell in every member state, with Portugal having one of the biggest year-on-year drops (from 8.9% to 6.8%), after Cyprus (from 10.7% to 7.7%) and Greece (from 21.7% to 19.5%, May figures).

In July 2017, the unemployment rate was 9.1% in the single currency area and 7.6% in 28 member states as a whole.

In Portugal, the unemployment rate remained stable and following the EU, with 6.8%

In July, the lowest unemployment rates were in the Czech Republic (2.3%), Germany (3.4%) and Poland (3.5%) and the highest ones to Greece (19.5% in May) and Spain (15.1%).


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