Croatia's unemployment rate stagnates in September, still among highest in EU

The seasonally-adjusted unemployment rate in Croatia in September remained unchanged in comparison with August and continued to be among the highest in the European Union, according to a report released by the EU statistical office Eurostat on Friday.

The unemployment rate in Croatia in September 2015 was 15.4%, down by 1.6% from September 2014. A total of 291,000 Croatian citizens were out of work in September 2015, 3,000 fewer than in August 2015. Compared with September 2014, their number was reduced by 33,000.

This put Croatia among the EU countries with the highest seasonally-adjusted unemployment rates, led by Greece with an unemployment rate of 25.0% and followed by Spain with an unemployment rate of 21.6%.

The lowest unemployment rates were recorded in Germany (4.5%), the Czech Republic (4.8%) and Malta (5.1%).

The largest decreases in unemployment, compared with September 2014, were recorded in Spain (2.4 percentage points), Estonia (2.3 pp), Bulgaria and Slovakia (both 1.9 pp). The increases ranging from 0.6 to 0.1 percentage points were recorded in Finland, France, Romania and Belgium.

The EU-28 unemployment rate was 9.3% in September 2015, down from 9.4% in August 2015, and from 10.1% in September 2014.  The euro area seasonally-adjusted unemployment rate was 10.8% in September 2015, down from 10.9% in August 2015, and from 11.5% in September 2014.

A total of 22.631 million people were out of work in the 28-member EU in September, including 17.323 million in the 19-member euro area. Compared with August 2015, their number fell by 147,000 in the EU-28 and 131,000 in the EA-19.

The youth unemployment rate in the EU-28 in September 2015 was 20.1%, a decrease of 1.7 percentage points from September 2014. In the EA-19 it was 22.1% in September 2015, down by 1.3 percentage points from the same month of the previous year.

A total of 4.54 million young people were out of work in the EU-28 in September 2015, including 3.113 million in the EA-19. Their number on the annual level was reduced by 500,000 in the EU-28 and by 251,000 in the EA-19.

With a youth unemployment rate of 43.1%, Croatia continued to be among the EU countries with the highest youth unemployment rates, after Greece with a rate of 48.6% in July and Spain with 46.7%.

The lowest youth unemployment rates in September were recorded in Germany, Austria, Denmark and the Netherlands, ranging from 7.0% to 11.5%, the Eurostat report shows.

Last update: Fri, 30/10/2015 - 16:10
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