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Economy: Eurostat, unemployment decreasing. Positive record for the Czech Republic. Thyssen, “more must be done”

(Brussels) – The unemployment rate in the 19 countries of the euro-zone settled at 10.2% in March 2016, less than in February, when it was 10.4%. One year before, in March 2015, the unemployment rate was 11.2%. It is the lowest unemployment rate ever recorded in Euro-land by Eurostat since 2011. In the EU-28, instead, the level of unemployed people in March 2016 was 8.8%, one tenth of a point less than in the previous month. Once again, this is good news, and such unemployment rate had never been so low all over the EU since 2009, that is, since the beginning of the economic crisis. EU employment commissioner Marianne Thyssen comments: “The unemployment rate keeps decreasing. It is good news, of course, even if we would like to see it decreasing faster. So, we must make more efforts to fight unemployment”, a goal that is shared by all EU institutions. Deep national differences remain. The highest official unemployment rate is still that of Greece: 24.4%. It is followed, all above the EU average, by Spain (20.4%), Croatia (14.9%), Portugal and Cyprus (12.1%), Italy (11,4%), Slovakia (10.2%). In the largest countries: Germany (4.2%), France (10.0%), United Kingdom (5.0%), Poland (6.8%). Now, the lowest unemployment rate is that of the Czech Republic: 4.1%.

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