Counting unemployment in the EU: The real rate comes to anything between 16.1% and 20.6%

Eurostat, the EU statistical service, repeated with more recent figures its memorable work on the real unemployment rate, that appeared for the first time in 2014 based on data for the third quarter of 2013. This time the Eurostat researchers worked with data for the last quarter of 2014. The new results they produced refer […]

New phenomena in the EU labour market

Everybody feels that the economic crisis haunting Eurozone increases the divergence between its northern and southern segments. It’s Eurostat however, the EU statistical service, that gave solid proof to this general feeling. Eurostat writer Martin Teichgraber undertook the task to analyse the impact that this crisis has on the labour market, in a paper entitled […]

Appalling overall unemployment in Eurozone at 20.6%

As it turns out real total unemployment exceeds by far the already dreadful percentages estimated by the national statistical services of the EU countries. According to a press release issued by Eurostat, the EU statistical service, in the EU of 27 member states apart from the tens of millions of the “normal” unemployed, there is […]