Spain has the highest unemployment rate of the European Union in 2009
| Date: December 23, 2008 | Source: Economic @ 21 |
| Category: ECONOMY DAY | |
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Loading ... According to the autumn forecast submitted jointly by the leading institutes of economic conditions in Germany, Austria and Switzerland which include the Institute for World Economics in Kiel and Munich IFO-the unemployment rate rise by the European Union a average of 7.4% in 2009.
Spain is the EU country with the highest unemployment rate in both 2008 and 2009. In our country will reach a level of unemployment of 12.5% in 2009, what we stand more than 5 percentage points above the European average. However, the Economic Research Institute (EEI) provides a figure considerably higher unemployment in predicting foreign institutes.
According to EEI, the unemployment rate will be around 14.5% in 2009. The second corresponds to Slovakia with 9.8% and third will be occupied by France with a forecast of 8.4%. In Portugal, unemployment will rise to 8.2%, while Greece recorded 8.0%, Hungary 7.8% and Germany 7.6%. The vast majority of EU countries, however, able to maintain unemployment rates below the European average. Poland, Belgium and Italy slightly exceed 7%, while Ireland, Finland and the United Kingdom are around 6.5%. Sweden, Malta and Romania share by 6%, Bulgaria 5.6% reach while Lithuania and Estonia recorded a 5.0% both. Among the countries with the lowest unemployment problems include Slovenia, the Czech Republic, Luxembourg and Austria, but certainly are the Netherlands and Denmark which have the lowest unemployment rate at 3.3% in both cases.
| COUNTRIES | 2009 (*) | 2008 (*) | COUNTRIES | 2009 (*) | 2008 (*) |
| Spain | 12.5 | 10.8 | United Kingdom | 6.3 | 5.5 |
| Slovakia | 9.8 | 10.0 | Sweden | 6.0 | 5.5 |
| France | 8.4 | 7.8 | Malta | 6.0 | 5.8 |
| Portugal | 8.2 | 7.6 | Romania | 6.0 | 6.0 |
| Greece | 8.0 | 7.8 | Bulgaria | 5.6 | 5.8 |
| Hungary | 7.8 | 7.8 | Lithuania | 5.0 | 4.8 |
| Germany | 7.6 | 7.4 | Estonia | 5.0 | 4.3 |
| EU-27 | 7.4 | 6.9 | Slovenia | 4.6 | 4.4 |
| Poland | 7.3 | 7.3 | Czech Rep. | 4.5 | 4.4 |
| Belgium | 7.2 | 6.7 | Luxembourg | 4.4 | 4.1 |
| Italy | 7.2 | 6.8 | Austria | 4.1 | 3.7 |
| Latvia | 6.8 | 6.4 | Cyprus | 3.8 | 3.7 |
| Ireland | 6.5 | 5.7 | Netherlands | 3.3 | 2.8 |
| Finland | 6.5 | 6.3 | Denmark | 3.3 | 3.1 |
(*) Estimates.
