Euro Unemployment Rate Is 10%

The seasonally adjusted unemployment rate for the euro area for March 2010 was 10% the same as February. The unemployment rate in the EU27 was 9.6% the same as February and compared with 8.5% in March 2009.

It is estimated that 23,130 million people in the EU27 were unemployed in March 2010. The estimation includes 15,808 million in the euro area. The increase in numbers of people means 123,000 more unemployed in EU27 and 101,000 in the euro area.

Male unemployment increased from 8.9% to 10% in the euro area between March 2009 and March 2010 and 8.6% to 9.8% in EU27, women from 9.3% to 10.1% in the euro area and 8.5% to 9.4% in EU27. Youth unemployment in March 2010 was 19.9% in the euro area and 20.6% in EU27 compared with 19% and 18.9% respectively. The US unemployment rate was 9.7% in March 2010 and in Japan it was 4.8% in February 2010.