Thursday, July 02, 2020

This is the unemployment statistics of the European Union. The rise because of COVID-19 is all the way to the right.

Europe's recovery from the "Great Recession" was very long and plenty of ups and downs. But, the effect of COVID-19 has been minimized to date.

88/2020 - 3 June 2020 (click here)
April 2020 Euro area unemployment at 7.3% EU at 6.6%

In April 2020, the second month after COVID-19 containment measures were implemented by most Member States, the euro area seasonally-adjusted unemployment rate was 7.3%, up from 7.1% in March 2020. The EU unemployment rate was 6.6% in April 2020, up from 6.4% in March 2020. These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that 14.079 million men and women in the EU, of whom 11.919 million in the euro area, were unemployed in April 2020. Compared with March 2020, the number of persons unemployed increased by 397 000 in the EU and by 211 000 in the euro area....