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Eurostat figures put Slovak unemployment at 9.8%. in February

The seasonally adjusted unemployment rate in Slovakia rose from 9.5 percent inJanuary 2009 to 9.8 percent in February, according to data released by Eurostat, the European Union's (EU) statistical office, on Wednesday, April 1.

The seasonally adjusted unemployment rate in Slovakia rose from 9.5 percent in
January 2009 to 9.8 percent in February, according to data released by Eurostat, the European Union's (EU) statistical office, on Wednesday, April 1.

However, in year-on-year (y/y) terms the joblessness rate in Slovakia was down, since it stood at 10.2 percent last February. And whereas last February Slovakia had the highest unemployment rate in the EU, in the same month his year the rate in Slovakia was lower than in Spain, Latvia, Lithuania, Ireland and Estonia.

The seasonally adjusted unemployment rate in the eurozone went up to 8.5 percent in February, from 8.3 percent in January. Unemployment in the 27-member EU in February reached 7.9 percent, up from 7.7 percent in January, the SITA newswire wrote. In February of last year, the eurozone posted an unemployment rate of 7.2 percent, while the figure stood at 6.8 percent in the 27-member EU.

Among the EU members which provide data to Eurostat, seven countries posted a y/y drop in their unemployment rates, 19 posted an increase, and the rate remained unchanged in one country. Bulgaria reported the highest y/y drop in unemployment, with a fall from 6.2 percent to 5.5 percent, followed by Slovakia (from 10.2 percent to 9.8 percent). On the other hand, the most significant rises were registered in Lithuania (up from 4.4 percent to 13.7 percent), Latvia (up from 6.1 percent to 14.4 percent) and Spain (up from 9.3 percent to 15.5 percent). The Netherlands posted the lowest unemployment rate (2.7 percent), while Spain had the highest unemployment rate (15.5 percent). SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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