By the end of April, the unemployment rate in the euro area fell 0.1 percent to reach 8.0 percent from a year earlier, according to the European Union's Statistics Center. At the EU level, the rate fell 0.1 percent to get 7.3 percent from a month earlier. It is the lowest unemployment rate in the EU in the last four months.
It is estimated that by the end of this month, 15,380,000 men and women will be unemployed in the European Union, of which 13,330,000 will be residents of the euro area. Compared to the previous month, the number of unemployed people in the European Union has decreased by 165 thousand people and in the euro area by 134 thousand people.
Among the member states, Spain had the highest unemployment rate at 15.4%, followed by Italy at 10.7% and Cyprus at 9.4%. Poland has the lowest unemployment rate at 3.1 percent, followed by the Czech Republic at 3.4 percent and the Netherlands at 3.5 percent.
The unemployment rate during this period was 5.3% in Belgium and 7.3% in France. Among non-EU countries, Iceland has an unemployment rate of 7.6%.
As of the end of this month, 2,939,000 young people under the age of 25 were unemployed in the European Union, of which 2,348,000 were residents of the euro area. Compared to the same period last month, the youth unemployment rate fell by 0.2% in the EU and by 0.1% in the euro area.
The euro area includes 19 countries: Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia, and Finland. They use EURO for their currencies. The European Union also has 27 members, including 19 Eurozone member states plus Bulgaria, Hungary, Poland, Denmark, Sweden, Croatia, the Czech Republic, and Romania.