BRUSSELS (EFE) .- The unemployment continued to fall in January both in the euro area, where it fell back to levels in the spring of 2012, as in the whole European Union (EU), a downward trend which was also felt in Spain.
The unemployment rate fell one tenth in countries that share the single currency during the month of January, which stood at 11.2% of the workforce, the lowest rate since April 2012, according to data released today by the EU statistical agency Eurostat.
Meanwhile, the average unemployment across the European Union (EU) fell one tenth compared to previous month, reaching 9.8%.
The decline is more pronounced on-year term, so if data last January with those recorded in the same month of 2013 are compared a reduction in the unemployment rate of six per cent in the eurozone and eight tenths in the whole EU is observed.
The rate of youth unemployment-people between 15 and 24 who are part of the population also actively shrank from December, but still bending the general unemployment rate in both the euro area and the European Union.
In particular, youth unemployment was January in a 22.9% of the members of the single currency, decreased by 1.4 percentage points, while the Veintiocho stood at 21.2%, after falling 2.1 percentage points from December.
The data released today assume that in the past month, 23.82 million men and women of working age had no jobs in the European Union, of which 18.06 million residing in the Nineteen countries sharing the euro.
In addition, in January was 4.89 million people under 25 years unemployment in the EU, of which 3.28 million were in the euro area.
If the data is analyzed by country, Spain continues to lead European partners regarding the unemployment rate, both in absolute and percentage terms, despite having registered the biggest annual fall in unemployment in the EU with Ireland and Estonia ( the latter with data from December and not January).
Keep in mind that Eurostat has updated data of Greece, in November kept unemployment at 25.8%.
In Spain, the unemployment rate fell two-tenths in January from December, up 23.4%; followed by Croatia, with 16.2%; and Cyprus, with 16.1%.
This means that in Spain, 5.39 million people who are part of the active population were employed in January, compared to 3.22 million people who are in the same situation in Italy and France 2.99 million.
Spain also outperforms its partners in youth unemployment, to have 806,000 people between 15 and 24 years part of the workforce unemployed; followed by France with 699,000 people, and Italy with 636,000.
In percentage terms, half of these young Spaniards (50.9%) did not have a job in January, rate stood at 50.6% in Greece in November, 44.1% in Croatia and 41.2% in Italy.
Among the Member States, the lowest unemployment rates were recorded in January in Germany (4.7%) and Austria (4.8%).
In annual terms, the unemployment rate declined in January compared to the same month of 2013 in 24 countries out of 28 up the Union, remained stable in Belgium (8.5%) and increased in Cyprus (from 15.7% to 16.1%), Finland (8.4% to 8.8%) and France (tenth , to 10.2%).
The highest annual decreases were observed in Spain (from 25.5% to 23.4%), Estonia (8.5% to 6.4% between December . 2013 and December 2014), and Ireland (12.1% to 10%)
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