Analytics, Employment, EU – Baltic States

In the first quarter of 2009, the seasonally adjusted unemployment rate in the EU27 for those aged 15-24 was 18.3%, significantly higher than the total unemployment rate of 8.2%. In the EU27, 5.0 million young people were unemployed. In the euro area (EA16), the youth unemployment rate was 18.4% and the total unemployment rate was 8.8%. In the euro area, 3.1 million young people were unemployed, Eurostat, the Statistical Office of the European Communities, reports.

It has been noted that youth unemployment rate rising faster than total unemployment rate.

Between the first quarter of 2008 and the first quarter of 2009, the youth unemployment rate in the EU27 rose by 3.7 percentage points, while the total unemployment rate increased by 1.5 percentage points. The youth unemployment rate increased in all Member States except Bulgaria, where it fell from 13.9% in the first quarter of 2008 to 13.5% in the first quarter of 2009. The largest rises in the youth unemployment rate were registered in Latvia (from 11.0% to 28.2%), Estonia (from 7.6% to 24.1%) and Lithuania (from 9.5% to 23.6%), and the smallest rises were found in Germany (from 10.2% to 10.5%) and Poland (from 17.8% to 18.2%).

All Member States recorded a higher youth unemployment rate than total unemployment rate in the first quarter of 2009. Youth unemployment rates ranged from 6.0% in the Netherlands to 33.6% in Spain, while total unemployment rates varied from 2.9% in the Netherlands to 16.5% in Spain. The largest differences were found in Italy (24.9% for the youth unemployment rate and 7.4% for the total unemployment rate), Spain (33.6% and 16.5%) and Sweden (24.2% and 7.7%), while the smallest differences were registered in Germany (10.5% and 7.4%), the Netherlands (6.0% and 2.9%) and Denmark (8.9% and 4.7%).