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| Europe |
| EU unemployment rate at 9.3 percent |
| 2011-07-02 |
| (KUNA) -- The unemployment in the 27-member European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... rate was 9.3 percent in May, unchanged compared with April. These figures were published Friday by Eurostat, the EU's statistical office. Eurostat said that 22.378 million men and women in the EU were unemployed in May and compared with April, the number of persons unemployed fell by 5, 000. Among the EU member states, the lowest unemployment rates were recorded in the Netherlands (4.2 percent), Austria (4.3 percent) and Luxembourg (4.5 percent), and the highest in Spain (20.9 percent), Lithuania (16.3 percent) and Latvia (16.2 percent). Compared with a year ago, the unemployment rate fell in nineteen EU countries and increased in eight. Meanwhile, ...back at the bake sale, Umberto's Mom's cannoli were a big hit... in a separate statement Eurostat said the overall tax-to-GDP ratio in the EU declined to 38.4 percent in 2009, compared with 39.3 percent in 2008. This decrease was essentially due to the 4.3% drop in GDP in the EU from 2008 to 2009, rather than to tax cuts. In comparison with the rest of the world, the EU tax ratio remains generally high and more than one third above the levels recorded in the USA and Japan. However, if you can't say something nice about a person some juicy gossip will go well... the tax burden varies significantly between EU member states, ranging in 2009 from less than 30 percent in Latvia (26.6 percent), Romania (27.0 percent), Ireland (28.2 percent), Slovakia (28.8 percent), Bulgaria (28 9 percent) and Lithuania (29.3 percent) to more than 45 percent in Denmark (48. 1 percent) and Sweden (46.9 percent).. |
| Posted by:Fred |
| #3 In Bavaria it's 3,5% |
| Posted by: European Conservative 2011-07-02 11:41 |
| #2 It has long been noted that EU government fudge their unemployment stats even more than the USG. I believe that in Britain, the unemployment stats were modified some 24 times, each and every time lowering the number of officially unemployed. |
| Posted by: Anonymoose 2011-07-02 10:30 |
| #1 Unexpectedly? |
| Posted by: g(r)omgoru 2011-07-02 04:53 |