Unemployment among young people under the age of 25 is continuing to grow in Spain, which set a new EU record of 46.2% in July. In the first quarter of the year, the figure in Greece reached 38.5%, according to Eurostat, the European statistics office, which says that there is 20.5% youth unemployment, with the figure rising to 20.7% in the European Union as a whole.
In terms of Mediterranean EU countries, there was a slight fall in the figure in Portugal in July (27.2% against 28.3% in June and 29.2% in May). Italy’s figure stood at 27.6% (against 27.9% in June and 28.2% in May), while the French figure of 23.4% was an increase against the 23.1% recorded the previous month. The figure remains stable in Cyprus at 19.6%, and in Slovenia at 18.6% (both figures for June), while in Malta the score for July was 12.4%.
Overall, unemployment in the euro-zone in July remained stable (10% compared to 10.2% in July 2010). Spain’s unemployment total is 21.2%, yet another European record, while the most significant increase on a yearly basis was recorded in Greece, which went from 11% in the first quarter of 2010 to 15% at the same time this year. Portugal’s unemployment stands at 12.3%, followed by France (9.9%), Slovenia (8.4%), Italy (8%) and Cyprus (7.5%)
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