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Euro area unemployment rate stable at 10.0% and Euro area inflation estimated at 1.7%

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The euro area (EA16) seasonally-adjusted unemployment rate was 10.0% in June 2010, unchanged compared with May4. It was 9.5% in June 2009. The EU27 unemployment rate was 9.6% in June 2010, unchanged compared with May. It was 9.0% in June 2009.

Eurostat estimates that 23.062 million men and women in the EU27, of whom 15.771 million were in the euro area, were unemployed in June 2010. Compared with May 2010, the number of persons unemployed decreased by 32 000 in the EU27, while it increased by 6 000 in the euro area. Compared with June 2009, unemployment rose by 1.466 million in the EU27, and by 0.788 million in the euro area.

Euro area annual inflation is expected to be 1.7% in July 2010 according to a flash estimate issued by Eurostat, the statistical office of the European Union. It was 1.4% in June.

 

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