Unemployment continues to grow in the Eurozone, which in November rose up to record rate of 11,8%, from 11,7% in October. According to Eurostat, in fact, the number of unemployed grew by 113 during the month, bringing the total in the area to 18 unemployed.
The growth is even clearer if we look at the calendar year. In January 2012 the unemployment rate in the Eurozone was 10,7%, and the total number of unemployed increased by 2 million and 15 thousand units.
Considering the entire European Union of 27, again according to Eurostat, unemployment in November remained stable at the levels of October, at 10,7 per cent, but up by 0,7% on an annual basis. In absolute terms, there were 154 more unemployed, which brings the total to 26.
The highest unemployment rates remain those of Spain (26,6%), Greece (26%) and Portugal (16,3%) while the lowest values are those recorded in Austria (4,5%), Luxembourg (5,1 .5,4%), Germany (5,6%) and Holland (XNUMX%). The Italian value is, however, 11,1%, according to what Istat reports, a figure that places Italy in tenth place among the countries with the highest unemployment rate.
The dynamics of the labor market, then, in Italy as in Europe, worsens when youth unemployment is taken into consideration. In the 27-member EU there are 23 million 5 thousand unemployed under the age of 800, 3 million 733 thousand of whom are in the Eurozone. In the monetary union the youth unemployment rate stands at 24,4%, +2% on an annual basis.
Also in this case the highest levels are recorded in Greece (57,6%) and Spain (56,5%), while the lowest are in Germany (8,1%), Austria (9%) and the Netherlands (9,7, XNUMX%). In Italy the rate of 37,1% recorded in November represents a new negative record.
