Unemployment Rate - Europe

[shyvas]

EU: unemployment rate 2017 by country | Statista

 

[Second Summer]

Since it wasn't stated, the Euro area, or Eurozone consists of ...:

... Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Other EU states (except for Denmark and the United Kingdom) are obliged to join once they meet the criteria to do so.[8] No state has left, and there are no provisions to do so or to be expelled.[9]

More: Eurozone - Wikipedia

 

[Mark Mywordz]

As British Prime Minister Benjamin Disraeli said: "There are three kinds of lies: lies, damned lies, and statistics." So in this case France's unemployment rate of 9.4 % represents over 3 million unemployed, whereas Cyprus (which has a higher rate of unemployment) probably has only 40K unemployed, many of whom will have a job in the black economy and/or a part-time/seasonal job in a hotel/bar/restaurant.
On my very recent flight from Bristol to Malaga half the seats in the plane were occupied by Spanish workers returning from their job in the UK to see relatives in Spain for Xmas. If these people did not have a job in the UK, the unemployment rate in Britain would be much lower (it's already very low) and the Spanish figure much higher (it's already very high).
Though the extreme ends of the table are very revealing, it is generally very difficult to interpret these statistics.

 

[shyvas]

As British Prime Minister Benjamin Disraeli said: "There are three kinds of lies: lies, damned lies, and statistics." So in this case France's unemployment rate of 9.4 % represents over 3 million unemployed, whereas Cyprus (which has a higher rate of unemployment) probably has only 40K unemployed, many of whom will have a job in the black economy and/or a part-time/seasonal job in a hotel/bar/restaurant.
On my very recent flight from Bristol to Malaga half the seats in the plane were occupied by Spanish workers returning from their job in the UK to see relatives in Spain for Xmas. If these people did not have a job in the UK, the unemployment rate in Britain would be much lower (it's already very low) and the Spanish figure much higher (it's already very high).
Though the extreme ends of the table are very revealing, it is generally very difficult to interpret these statistics.

In France it's way over 9 % as they don't take into account all the unemployed people that undergo training courses. In certain towns such as Marseille it can be as high a 20 %.

 

[Mark Mywordz]

In France it's way over 9 % as they don't take into account all the unemployed people that undergo training courses. In certain towns such as Marseille it can be as high a 20 %.

Which supports my view that it's very difficult to interpret these statistics and Disraeli's view that statistics are lies.