International Unemployment Rates and Employment Indexes, Seasonally Adjusted

May 2014

10 July 2014

Read the Press Release

Return to ILC Homepage

In May 2014, the unemployment rate decreased or remained stable in all European countries compared. In the Netherlands, unemployment declined for the second consecutive month, breaking an upward trend in joblessness since July 2012. However, May unemployment remained higher than a year ago in both the Netherlands (7.0 percent) and Italy (12.7 percent), while France (9.7 percent), Germany (5.1 percent), and the Euro Area (11.6 percent) have seen joblessness decline over the last 12 months.

Outside of Europe, May unemployment remained steady in the US (6.3 percent), Australia (5.8 percent), and Canada (6.0 percent) and edged downward in Japan (from 3.2 to 3.1 percent).  See Table 1 and Chart 3-4.

 

Employment in May increased in 7 of 9 economies compared. Japan and Sweden experienced the largest gains in the employment index (January 2007=100), from 99.1 to 99.6 and from 105.0 to 105.5, respectively.  In Germany, the employment index decreased slightly for the first time since January 2012, from 108.5 to 108.4. Labor market recovery in May was most robust in Japan, Sweden, and the Netherlands, where rising employment was coupled with falling unemployment.  See Table 3 and Chart 5.

 

 

Table 1. Unemployment rates adjusted to US concepts, seasonally adjusted

(in percent)

 

 20112012May 2013Mar. 2014Apr. 2014May 2014Change from Apr. 2014-May 2014
United States 8.9 8.1 7.5 6.7 6.3 6.3 0.0
Australia 5.1 5.2 5.5 5.8 5.8 5.8 0.0
Canada 6.5 6.3 6.1 6.0 6.0 6.0 0.0
France 9.3 10.0 10.0 9.8 9.7 9.7 0.0
Germany 5.9 5.5 5.3 5.2 5.2 5.1 -0.1
Italy 8.5 10.8 12.3 12.7 12.7 12.7 0.0
Japan 4.2 3.9 3.6 3.2 3.2 3.1 -0.1
Netherlands 4.5 5.3 6.7 7.3 7.2 7.0 -0.2
Sweden 7.7 7.9 7.9 8.0 8.0 7.7 -0.3
United Kingdom 8.1 8.0 7.8 6.6 NA NA NA
Notes:
(1) For Japan, 2011 data are partially based on estimates from the Statistics Bureau of Japan for areas affected by the March 11, 2011 earthquake.
NA means data not available.
See technical notes for information on sources and methods.
Source: The Conference Board, International Labor Comparisons program 

 

Table 2. Unemployment rates unadjusted by The Conference Board, seasonally adjusted

(in percent)


 20112012May 2013Mar. 2014Apr. 2014May 2014Change from Apr. 2014-May 2014
EU-28 9.6 10.4 10.9 10.4 10.4 10.3 -0.1
Euro Area 10.1 11.3 12.0 11.7 11.6 11.6 0.0
Austria 4.2 4.3 4.7 4.9 4.8 4.7 -0.1
Belgium 7.2 7.6 8.4 8.4 8.5 8.5 0.0
Denmark 7.6 7.5 6.9 6.5 6.5 6.5 0.0
Finland 7.8 7.7 8.1 8.4 8.5 8.5 0.0
Greece 17.9 24.5 27.8 26.8 NA NA NA
Ireland 14.7 14.7 13.9 12.0 11.9 12.0 0.1
Portugal 12.9 15.8 16.9 14.8 14.6 14.3 -0.3
Spain 21.4 24.8 26.2 25.3 25.1 25.1 0.0
Note:
(1) The European Union-28 (EU-28) refers to the EU member countries as of July 1, 2013.
(2) The Euro Area refers to the EU member countries that adopted the euro as a common currency.
NA means data not available.
See technical notes for information on sources and methods.
Source: Statistical Office of the European Communities (EUROSTAT)

  

 

TABLE 3. Employment indexes adjusted to US concepts, seasonally adjusted


 20112012May 2013Mar. 2013Apr. 2014May 2014Change from Apr. 2014-May 2014
                               2007 = 100                               January 2007 = 100  
United States 95.8 97.6 98.6 99.8 99.8 99.9 0.1
Australia 107.7 108.7 111.7 112.6 112.7 112.6 -0.1
Canada 103.2 104.4 106.9 107.5 107.3 107.4 0.1
France 101.1 101.3 101.3 101.2 101.5 101.7 0.2
Germany 104.7 105.6 107.9 108.5 108.5 108.4 -0.1
Italy 99.0 98.5 97.1 97.0 96.6 96.9 0.3
Japan 97.9 97.6 98.8 99.5 99.1 99.6 0.5
Netherlands 98.9 99.6 102.7 101.4 101.5 101.8 0.3
Sweden 101.9 102.5 103.8 105.1 105.0 105.5 0.5
United Kingdom 99.8 101.0 102.5 105.1 NA NA NA
Notes:
(1) For Japan, 2011 data are partially based on estimates from the Statistics Bureau of Japan for areas affected by the March 11, 2011 earthquake.
NA means data not available.
See technical notes for information on sources and methods.
Source: The Conference Board, International Labor Comparisons program 

 

International Unemployment Rates and Employment Indexes, 2014 Publication Schedule
Thursday, August 7 (Data for June 2014)
Thursday, September 11 (Data for July 2014)
Thursday, October 9 (Data for August 2014)
Thursday, November 13 (Data for September 2014)
Thursday, December 11 (Data for October 2014)

Member Exclusive

The Conference Board Help Wanted Online® Members Login

Monthly Labor Force - Download Related Products

Monthly Unemployment Rates and Employment Indexes

Full Report

Data Tables

Technical Notes

Economic Indicators

U.S. Indicators Global Indicators
Back to Top