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The number of unemployed in the EU has continued to increase in April 2012, reaching a new high of 24.7 million.
The European Commission has launched a new series of analytical working papers. They will analyse various issues in the employment and social policy domain and as much as possible underpin priority policy needs – notably the Europe 2020 process.
The number of unemployed continued to increase in March 2012, though its rate remained at the February level of 10.2 %. This is 0.8 pp higher than in March last year, corresponding to 2.1 million more people unemployed, bringing the total number to 24.8 million.
With EU unemployment hitting record levels and forecasts of a grim economic outlook for the months ahead, the Commission has come forward with a set of concrete measures to boost jobs.
The EU unemployment rate hit a new high at 10.2 % in February 2012, up by 0.1 pp on the previous month. This is 0.7 pp higher than in February last year, corresponding to 1.9 million more people unemployed, bringing the total number to 24.6 million.
According to the new EU Employment and Social Situation Quarterly Review, after a moderate recovery during 2010 and early 2011, the European labour market contracted again in the second half of 2011.
The unemployment rate hit a new high at 10.1 % in the EU in January 2012, above the symbolic threshold of 10 %, up by 0.1 pp on the previous two months.
The number of unemployed people in the EU stood at 23.8 million in December 2011, i.e. 1.1 million more than in March 2011, when the declining trend in unemployment was reversed.
According to the new EU Employment and Social Situation Quarterly Review, the modest labour market recovery stopped in the third quarter of 2011 with a drop by 0.1 %.
The first annual review of Employment and Social Developments in Europe (ESDE) published by the European Commission underlines that a mix of employment and social policies is necessary to ensure a long-term job-rich recovery in the current climate of fiscal consolidation and bleak economic outlook.