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JOBLESS RATE RISES - EU UNEMPLOYMENT 11% IN FEBRUARY

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EU15 seasonally-adjusted unemployment rose to 11% in February, Eurostat, the Statistical Office of the European Com...
EU15 seasonally-adjusted unemployment rose to 11% in February, Eurostat, the Statistical Office of the European Communities reports today.

In January and December it stood at 10.9%. In February last year the rate was 10.8%.

Eurostat says the increase over the six months to February was due to rising male unemployment, mostly in Germany. At the end of the year the total German rate was 8.6%; by February it had risen to 9%. But female unemployment was virtually unchanged at 9.9%.

Over the same period unemployment rose from 7.4% to 7.7% in Portugal but here more significantly for women.

The Finnish rate was down from 16.9% to 16.3% over the same three months. In other member states it remained almost unchanged.

Luxembourg continues with EU's lowest rate, 3%. Highest is Spain's 22.6%.

In comparison with the EU, the US rate is running at 5.7% with 3.5% in Japan (both January).

Eurostat estimates that around 18.3 million people were unemployed in the EU in February. This is a seasonally-adjusted figure in line with ILO criteria.

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