The wave of unemployment resulting from the Covid crisis in Europe is before us.
At its lowest since the 2008 crisis a year ago, before the pandemic began, the number of unemployed people in the European Union had risen by 1.8 million in November, to 16 million people.
Or an average rate of 7.5% (8.3% for the euro zone).
In most countries, the increase was contained by public policies of partial unemployment.
In Germany, the unemployment rate only fell from 3.2% to 4.5% between February and November;
in Denmark, from 5.1% to 5.8%;
in Portugal, from 6.7% to 7.2%.
It even decreased in Italy or Greece!
A few countries, however, were unable to stem a significant increase: from 4.7% to 7.5% in Ireland;
from 6.5% to 10.4% in Lithuania or from 13.8% to 16.4% in Spain.
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Employment, unemployment ... Words and figures no longer reflect reality
More than 5 million jobs have yet been destroyed in a few months, according to an analysis by the European Central Bank (ECB), nearly half of the number created since 2013. Thanks to the reduction in unemployment
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