Germany scores poorly in EU jobless rankings

6th January 2006, Comments 0 comments

6 January 2006, LUXEMBOURG - Figures released Friday by the E.U. statistics body Eurostat show that while the average unemployment rate for the 25 member states fell slightly over the 12-month period to November 2005, there is still a huge divide between countries posting the best and worst job figures, with Germany coming fourth from last.

6 January 2006

LUXEMBOURG - Figures released Friday by the E.U. statistics body Eurostat show that while the average unemployment rate for the 25 member states fell slightly over the 12-month period to November 2005, there is still a huge divide between countries posting the best and worst job figures, with Germany coming fourth from last.

Overall E.U. unemployment rates averaged 8.5 per cent in November, an improvement on the 9 per cent average the same month of 2004.

At the top end of the scale, Ireland posted the lowest unemployment rate at 4.3 per cent followed closely by Denmark at 4.5 per cent. The Netherlands ranked third with 4.7 per cent.

Newcomers Poland and Slovakia trailed the rankings with Poland posting an unemployment rate of 17.4 per cent in November - the highest among the 25 member states - and Slovakia at 16 per cent.

Greece also hovered near the bottom, followed by Germany in fourth from last place with a jobless rate of 9.3 per cent.

Some countries, noticeably Spain, Latvia and Lithuania, registered an improvement in employment during this timeframe. In total 16 countries posted better employment rates in 2005.

The most significant hikes in unemployment were to be seen in countries that had the lowest rates.

In Luxembourg unemployment rose from 4.9 per cent in 2004 to 5.6 per cent in 2005, in Hungary it jumped from 6.5 per cent to 7.3, Portugal from 7.0 to 7.5, Cyprus 5.9 to 6.3, while in Britain rates rose from 4.6 per cent to 4.8 per cent.

© DPA with Expatica

Subject: EU news, German news

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