Unemployment down by 15% in the EU

In the first quarter of 2016, unemployment dropped by 15% when compared with fourth quarter 2015

26 August 2016, 11:21am
by Staff Reporter

15.4% of those who were unemployed in the last quarter of 2015 in the EU moved into employment in the first quarter of 2016

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Out of all persons in the European Union who were unemployed in the fourth quarter 2015, 65.7%, meaning 13 million persons, remained unemployed in the first quarter 2016, while 15.4%, meaning 3 million persons, moved into employment in the first quarter 2016.

Similarly, 18.9%, meaning 3.7 million, moved towards economic inactivity in the first quarter 2016.

Of all those initially in employment, 96.2%, which translates to 169.7 million persons, remained in employment, while 1.7%, 2.9 million persons, of those employed in the fourth quarter 2015 were observed to be unemployed in the first quarter 2016, and 2.2%, 3.8 million persons, transitioned into economic inactivity.

This data was compiled by the Eurostat office.