Latvia’s unemployment level stays low, whereas Spain’s level reaches 13.6% in May

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In May 2019, Latvia’s unemployment level was 6.4%, which is higher than the average in the EU, according to data published by Eurostat on 1 July.

According to Eurostat, the highest unemployment levels among EU member states in May were observed in Spain – 13.6%, Italy – 9.9%, France – 8.6%, Croatia – 7%, Finland – 6.8%, Portugal – 6.6% and Cyprus – 6.5%.

The lowest unemployment levels were observed in the Czech Republic – 2.2%, Germany – 3.1%, Netherlands – 3.3%, Malta – 3.5% and Poland – 3.8%.

Unemployment level in Lithuania was 5.8% in May 2019.

The average unemployment level in the EU, according to seasonally adjusted data, had dropped to 6.3% when compared to 6.4% observed in April, making it’s the lowest unemployment level registered since January 2000, when compilation of such data had commenced. EU’s unemployment level was 6.9% in May 2018.

Average unemployment in Eurozone member states had dropped from 7.6% to 7.5% in May 2019, which is the lowest level since July 2008.

Eurostat estimates show that in May there were 15 653 million jobless people in the bloc in May. 12 348 million unemployed people were registered in Eurozone member states. Compared to the fifth month of 2018, the number of jobless people had dropped by 1 277 million in the EU and 1 133 million in Eurozone in May 2019.

Unemployment data is not available for Estonia, Greece, Britain and Hungary.

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