EU sees rise in unemployment rates

EU sees rise in unemployment rates

The EU’s unemployment rate rose to 7.1% in June, the bloc’s statistical office announced Thursday. The figure was up from 7% in this May, Eurostat said.

The number of people unemployed increased by 281,000 month-on-month in 27-member bloc in the shadow of coronavirus pandemic, it underlined.

3 MILLION YOUNG PEOPLE ARE JOBLESS

Meanwhile, the unemployment rate reached 7.8% in the euro area, up from 7.7% a month earlier.

The eurozone/euro area or EA19 represents member states that use the single currency — euro — while the EU27 includes all member countries of the bloc.

The unemployment rate for women was 7.5% in the EU and for men was 6.7% in June.

Some 3 million unemployed young people — under 25 — were jobless in the EU, bringing the youth unemployment rate to 16.8% in June.

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