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EU UNEMPLOYMENT: 10.8% IN AUGUST

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18.0 million people out of work ...
18.0 million people out of work

EU15 seasonally-adjusted unemployment was 10.8% in August, the same as the revised figures for the two previous months, Eurostat - the Statistical Office of the European Communities - reports today. In April and May it was 10.9%. Last August the rate was 10.7%.

Eurostat reports little change in recent months is the result of contrasting trends in different groups of Member States. The trend has been up in France, down in Sweden, Finland, Spain and Portugal, and level elsewhere.

Results of the 1996 French Labour Force Survey has led to considerable revision of earlier data for France, where the August rate was 12.4%.

Luxembourg continues with the EU's lowest rate, 3.1% followed by Austria 4.1%. Spain has the highest rate at 21.3%. In comparison with the EU, the US rate is running at 5.2% with 3.3% in Japan.

Eurostat estimates that 18.0 million people were unemployed in the EU in August. This is a seasonally-adjusted figure in line with ILO criteria.

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