Poland fell from the table (but nearby). Who has the lowest unemployment in the EU?

10.8 million people without a job in the euro area

Unemployment in Europe is not growing – this is good information for the EU, which is slowly carrying from economic stagnation (or balancing on border recession for some Western countries). IN March amazed 5.8 percent – The same as in February. In the zone euro was clearly higher – 6.2 percent (also unchanged). It was without work, according to Eurostat data 12.904 million peopleincluding 10.818 million in the euro area. After a rapid growth during the pandemic, unemployment in the European Union has recorded a downward trend, in recent months slower.

Poland fell from first place

There are countries where, in principle, there is nothing to fall from – the unemployment rate is at the structural level, and they basically do not have to work (in simplified terms). Poland has long been such a country, for several years, which has been rotating at the forefront of countries with the lowest unemployment for several years. We recently enjoyed the first place, the latest data show the inheritance. Unemployment (according to the EU methodology) in March increased slightly, to 2.7 percent with 2.6 percent In January and February (473,000 people without a job) – this gives us third place in the Union. What does this combination look like?

1. Czech Republic – 2.6 percent
2. Poland – 2.7 percent
3. Malta – 2.8 percent
4. Slovenia – 3.2 percent
5. Germany – 3.5 percent
6. Bulgaria – 3.8 percent
7. Netherlands – 3.9 percent
8. Ireland – 4.0 percent
9. Hungary – 4.2 percent
10. Croatia – 4.5 percent
11. Cyprus – 4.8 percent
12. Slovakia – 5.0 percent
13. Austria – 5.4 percent
14. Romania – 5.5 percent
15. Belgium – 5.9 percent
16. Italy – 6.0 percent
17. Lithuania – 6.4 percent
18. Luxembourg – 6.4 percent
19. Portugal – 6.5 percent
20. Latvia – 6.7 percent
21. Denmark – 7.1 percent
22. France – 7.3 percent
23. Estonia – 8.7 percent
24. Sweden – 8.8 percent
25. Greece – 9.0 percent
26. Finland – 9.1 percent
27. Spain – 10.9 percent

Eurostat data and GUS data

The reading provided by the EU Statistical Agency differs from the monthly GUS data, to which we most often pay attention to, but the methodology of these research is also different. In the indicator compared by Eurostat (when it comes to Poland, it calculates it and sends it to Eurostat GUS) They are not taken into account professionally. They are people who do not have a job, but they are not actively looking for it either.

And according to the measure used by the Central Statistical Office in Poland, In March, the unemployment rate dropped to 5.3 percent. with 5.4 percent in February These are historically low levels – although higher than the record 4.9 percent we observed for several months of last year. At the same time, in March, labor offices in Poland registered 37.3 thousand dismissed for reasons related to workplaces – i.e. due to group layoffs. This is the most in over three years, as Lewiatan's expert notes.

Read more about this in the article: Something unusual was found in the unemployment data. “The largest number in over three years”

Source: Eurostat