Austrian region faces the lowest unemployment rate in EU – 2.5%
Spain continues to deal with a high unemployment rate among the European Union member states, while Austria has the lowest rate. According to Eurostat, over 24.6% of the Spaniards were jobless in May 2012. Only 4.1% of the Austrians were unemployed last month.
“The Salzburg region in Austria has the lowest unemployment rate in the EU at 2.5%, compared to the highest, in Andalucia, Spain, on 30.4%,” Euobserver.com informs. According to the same source, the Austrian and German regions dominate the low end of the table.
A report issued yesterday shows that the average unemployment rate for young people aged between 15 and 24 in the EU27 was 21.4% in 2011. At the same time, unemployment rates for teenagers varied from 4.3% in Tübingen, Germany, to 65.8% in Ceuta, Spain.
At national level, Romania’s unemployment rate is 7.7%, Germany – 5.6%, the United States – 8.2% and Japan - 4.4%.