Youth unemployment stood at 23% (8,000 individuals) in November 2017 and 19.3% in August and September 2018 (7,000 individuals).

Eurostat estimates that 16.5m people in the EU28 were unemployed in November 2018. Among the member states, the lowest unemployment rates in November 2018 were recorded in the Czech Republic (1.9%), Germany (3.3%) and the Netherlands (3.5%).

The highest unemployment rates were observed in Greece (18.6% in September 2018) and Spain (14.7%).

Compared with a year ago, the unemployment rate fell in all member states except Estonia where it remained stable. The largest decreases were registered in Croatia (from 10% to 7.8%), Greece (from 20.8% to 18.6% between September 2017 and September 2018) and Spain (from 16.5% to 14.7%).

In November 2018, the unemployment rate in the United States was 3.7%, stable compared with October 2018 and down from 4.1% in November 2017.

Source: Cyprus Mail