Youth unemployment rate fell in 2021, data shows

The unemployment rate for young people aged 15-29 in European member states fell to 13% in 2021, 0.3 percentage points below 2020 rates.

According to the European Statistical Office, Eurostat, unemployment rates have been hit hard by the COVID-19 pandemic, with youth unemployment rising by 1.4 percentage points, while the overall unemployment rate has risen by 0.4 percentage points, reports.

Youth unemployment fell slightly in 2021 – around 0.3 percentage points from 2020, while the overall unemployment rate fell from 7.1% in 2020 to 7% in 2021.

“Excluding regions for which data refer to 2019 (e.g. most regions of Germany), the lowest youth unemployment rates in 2021 were recorded in the eastern regions of the EU : four regions in Czechia – including Jihozápad which had the lowest rate at NUTS level two regions at 3.7% – three regions in Hungary (including the capital region of Budapest (4.8%)) and Wielkopolskie (4%) Poland “, explains Eurostat’s press release.

Higher unemployment rates among the youth population were concentrated in the southern part of Europe. There were 23 regions where 30 percent or more of the labor force aged 15 to 29 were unemployed.

Six were the main and remote regions, where the youth unemployment rate was above 40%: Ciudade Autónoma de Ceuta (56%) and Ciudade Autónoma de Melilla (41.9%) (both in Spain), Anatoliki Makedonia, Thraki (45.1 percent) and Dytiki Makedonia (42.3 percent) (all in Greece), Mayotte (43 percent) in France and Sicilia (40.1 percent) in Italy.

Youth unemployment was almost twice as high as the overall unemployment rate, which stands at 7% in 2021 and higher than the same rates for people aged 15-74, in each of the tier two regions.

Nearly half of these 192 regions, or about 46.4%, of the youth unemployment rate was at least twice as high as the overall unemployment rate.

The highest proportion between these two rates was recorded in Vest in Romania, where the youth unemployment rate was 3.5 times higher than the overall unemployment rate, while relatively high ratios (2.8 or 2 .9 times higher) were recorded in Basilicata and Molise in southern Italy and Prov. Vlaams-Brabant in Belgium.

The highest unemployment rates of all Tier 2 regions in 2021 were recorded in the southern and outermost regions of the EU. Regional unemployment rates of at least 14.5 percent were recorded in nine of Greece’s 13 regions, except for the capital region of Attiki, Peloponnisos, Ionia Nisia and Voreio Aigaio; as well as eight regions from Spain, four from France and four from Italy.

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