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Slovakia still tops unemployment charts in EU

A SURVEY by Eurostat, the European Union's Statistical Office, shows that the seasonally adjusted unemployment rate in Slovakia fell from 9.9 percent reported in February 2008 to 9.8 percent in March 2008, the SITA newsiwre wrote on May 1.

A SURVEY by Eurostat, the European Union's Statistical Office, shows that the seasonally adjusted unemployment rate in Slovakia fell from 9.9 percent reported in February 2008 to 9.8 percent in March 2008, the SITA newsiwre wrote on May 1.

Slovakia still has the highest unemployment rate in the EU, but that rate has been on a significant and constant decline. In March 2007, unemployment was 11.3 percent.

The seasonally adjusted unemployment rate in the 27-member EU declined 0.6 percentage points year-on-year to 6.7 percent in March, while it remained unchanged in a monthly comparison.

The 15-member Eurozone also posted unchanged unemployment rate from February of 7.1 percent. In a year-on-year comparison, it decreased 0.4 percentage points.

Among the countries that provided unemployment data, 23 posted a decline in unemployment rate and four registered growth. The Netherlands had the lowest rate in March (2.6 percent), followed by Denmark (3.1 percent). Spain posted the second highest unemployment rate after Slovakia, at 9.3 percent.

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