Eurostat: Real unemployment double than the official rate

The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com

Gender distribution in selected labour categories, age 15-74, EU-28, 2012 (Eurostat graph)

graph2

Eurostat, the EU statistical service, revealed that the true unemployment rate in Eurozone during the third quarter of 2013 was much higher than the ‘officially’ recognised percentage of 11.5%, according to the definition of UN’s International Labour Organisation. Including the three forms of de facto but not recognised by the ILO unemployment definition or “halos around unemployment” as Eurostat calls it, the people without a job in Q3 of 2013 were 21.2% of the labour force. This is almost the double than the official rate.

Those three forms of real but not ‘officially recognised’ unemployment are the following: underemployed part-time workers, jobless persons seeking a job but not immediately available for work and jobless persons available for work but not seeking it. No need to mention that the youths of 15-24 years of age are…

View original post 681 more words

Advertisements

Оставите одговор

Попуните детаље испод или притисните на иконицу да бисте се пријавили:

WordPress.com лого

Коментаришет користећи свој WordPress.com налог. Одјавите се / Промени )

Слика на Твитеру

Коментаришет користећи свој Twitter налог. Одјавите се / Промени )

Фејсбукова фотографија

Коментаришет користећи свој Facebook налог. Одјавите се / Промени )

Google+ photo

Коментаришет користећи свој Google+ налог. Одјавите се / Промени )

Повезивање са %s