Eurozone unemployment rate rose to 9.5% in May 2009 -highest rate since 1999; Netherlands at 3.2%; Denmark at 5.7%; Ireland 12%; Spain highest at 18.7%
Jul 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Eurozone (EA16) seasonally-adjusted unemployment rate was 9.5% in May 2009, compared with 9.3% in April. It was 7.4% in May 2008. The EU27 unemployment rate was 8.9% in May 2009, compared with 8.7% in April. It was 6.8% in May 2008. For the Eurozone this is the highest rate since May 1999 and for the EU27 since June 2005 according to Eurostat, the statistics office of the EU.