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Eurozone unemployment steady at 10 percent

By the CNN Wire Staff
Workers queue at a taxi rank during a strike by metro workers on June 29, 2010, over a planned pay cut.
Workers queue at a taxi rank during a strike by metro workers on June 29, 2010, over a planned pay cut.
STORY HIGHLIGHTS
  • 10 percent unemployment for eurozone, 9.7 percent for wider EU
  • Both rates unchanged from previous month
  • Latvia, Spain, Estonia have highest unemployment
  • Austria and Netherlands have the lowest rates
RELATED TOPICS

London, England (CNN) -- Unemployment in the 16-member eurozone -- countries that use the euro currency -- is at 10 percent, the European statistics agency said Friday.

Unemployment in the 27-member European Union is at 9.6 percent, Eurostat said.

Both rates are for May and are unchanged from the previous month, Eurostat said.

An estimated 23.127 million people are unemployed in the European Union, Eurostat said.

The lowest unemployment rates among European states were in Austria and the Netherlands, where they are 4 and 4.3 percent respectively.

The highest rates were in Latvia, with 20 percent; Spain, with 19.9 percent; and Estonia, with 19 percent, Eurostat said.

Youth unemployment is at 19.9 percent in the eurozone and 20.5 percent in the wider European Union, it said. The lowest rate is in the Netherlands, with 8.1 percent youth unemployment, and the highest rates were in Spain and Estonia, with 40.5 and 39.8 percent respectively.