EU Jobless Rate Remains Stable
April 1, 2008
According to the European Union’s agency for statistics Eurostat, the countries that used the Euro had a stable unemployment rate. Eurostat stated that for the fifteen EU countries, the unemployment rate held itself steadily at approximately seven percent. This rate was calculated from January until now, with no change.
Of all the European Union countries, the Netherlands had the lowest rate of unemployment at around two percent, with France having a rate of over seven percent. This is in comparison to Japan where unemployment is close to four percent, and in the USA where it is a little less than five percent.