Lithuania‘s unemployment rate falls in May

Lithuania‘s unemployment rate fell to 8% in May on a seasonally adjusted basis, down from 8.2% in April of this year.

Eurozone unemployment rates fell 10.1%, Which fell by 0.1 per cent, down from 11% in the same month last year. This is the lowest of unemployment recorded in the euro area since July, 2011.

Across the EU, the unemployment rate in May was 8.6% down from 8.7% in April and down from 9.6% the same time last year. This is the lowest rate recorded in the EU since March 2009.

The lowest unemployment rate in the EU in May was in the Czech Republic at 4% while the highest was in Greece at 24.1%.

Compared with the same period a year ago, the unemployment rate in May this year decreased in 26 of 28 EU states.