The seasonally adjusted unemployment rate in the eurozone stood at 6.4% in August 2023, up from 6.5% a month earlier, the EU’s statistics office Eurostat reported.
The market consensus was 6.4%.
For the European Union (EU) as a whole, the rate was 5.9% in August, up from 6% a month earlier.
Eurostat measures the harmonized unemployment rate as the percentage of people aged 15-74 who are unemployed, able to take up employment in the next two weeks, and who have actively sought work in recent weeks relative to the country’s total labor force.
Eurostat: Poland’s unemployment rate was 2.8% in August
Poland’s seasonally adjusted unemployment rate was 2.8% in August 2023, the same as a month earlier, the EU’s statistics office Eurostat reported. Poland recorded the third lowest unemployment rate, after the Czech Republic (2.5%) and Malta (2.7%).
The number of unemployed in Poland was 475,000 in August, compared to 479,000 a month earlier.
In the EU as a whole, the unemployment rate by this measure was 5.9% in August.
Eurostat measures the harmonized unemployment rate as the percentage of people aged 15-74 who are unemployed, able to take up employment in the next two weeks, and who have actively sought work in recent weeks relative to all economically active people in the country.
According to the Central Statistical Office (GUS), the registered unemployment rate stood at 5% at the end of August this year.
Source: Eurostat, GUS and ISbnews