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Eurostat publishes latest report on youth unemployment

The statistical office of the European Union has released latest data about unemployment rates in European Union. The youth unemployment remains high.

In February 2010, the youth unemployment rate for those young people under 25 was 20.0% in the euro area and 20.6% in the EU27. In comparison, one year ago it was 18.4% in both zones. The lowest rate was observed in the Netherlands with only 7.3% and the highest rates remain in Latvia: 41.3% in the fourth quarter of 2009 and Spain with 40.7% of young people unemployed.

The unemployment rate for all economically active people in February 2010 in euro area is the highest since August 1998 with 10% and in EU27 since the start of the series in January 2000 with 9.6%.

Among the Member States, the lowest unemployment rates were recorded in the Netherlands (4.0%) and Austria (5.0%), and the highest rates in Latvia (21.7%) and Spain (19.0%).

Compared with a year ago, all Member States recorded an increase in their unemployment rate.

More information: Eurostat news release