A report released by Eurostat on Tuesday showed that the unemployment rate in the European Union and the Eurozone remained at the level of the previous month in February, while the unemployment rate in Croatia dropped from the European average.
Eurostat estimates that in February, according to the International Labour Organization (ILO) method, the unemployment rate for the 27-nation group was 7.5%.
After the revision in January, the euro area remained unchanged, still at 8.3%.
In February 2020, it was 6.5% in the European Union and 7.3% in the Eurozone.
In February of this year, 15.953 billion people were unemployed in the European Union, of which 13.571 billion were unemployed in the Eurozone. Compared with January, their numbers have increased by 34,000 in the European Union and 48,000 in the Eurozone.
Compared with last February, the number of unemployed in the European Union increased by 1.922 billion, and the number of unemployed in the Eurozone increased by 1.507 billion.
Among the member states with the highest unemployment rate in EU statistics so far, Spain once again set a record of 16.1%.
Italy and Lithuania followed closely with 10.1% and 9.6% respectively.
In Croatia, the unemployment rate measured by the ILO method fell from 7.7% a month ago after the revised rate to 7.2% in February, which is out of the EU and Eurozone averages.
According to Eurostat, 125,000 citizens of Croatia were unemployed in February, a decrease of 2,000 from January.
In February 2020, Croatia’s unemployment rate was 5.9%, with 105,000 unemployed.
In February this year, Poland’s unemployment rate was also the lowest among EU countries, with data provided by Eurostat at 3.1%. This is followed by the Czech Republic with 3.3%, followed by the Netherlands with 3.6%.
Eurostat does not have data for Greece, Finland, Norway and Switzerland.
Compared with the EU’s revised data in January, the EU’s unemployment rate for the under-25 age group fell by 0.2 percentage points in February to 17.2%.
The exchange rate of the Eurozone also fell slightly to 17.3% from the revised 17.4% in January.