Friday, March 30, 2007

Forex News: 30.03.2007 Unemployment in the euro area at its minimum in February

Unemployment in the euro area was 7.3% in February, Eurostat, the Statistical Office of the European Communities reported today. In the preceding month the index was 7.4%, while February index was up to expectations.

In February the lowest unemployment rates were registered in Denmark (3.4%) and the Netherlands (3.5%). Unemployment rates were highest in Poland and Slovakia (11.0%).

In February 2006 the unemployment rate was 8.2%. Over the year 2006, unemployment fell in twenty one EU member states, in two countries the rate remained unchanged, and there was an increase in four countries.


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