Baltic unemployment still low

  • 2008-08-01
  • By Mike Collier
BRUSSELS - Latest official statistics from the European Union's Eurostat office show that all three Baltic states remain below the average EU unemployement rate of  6.8% in June.

Estonia records the fourth-lowest rate in the EU with 4.1%, followed not fr behind by Lithuania on 4.3%. Latvia's rate of  5.7% is significantly higher but still better than the EU average and markedly better than the rate in countries which have adopted the Euro as their national currency, where the combined rate is 7.3%.

Despite being the first European state to officially go into recession, Denmark is the country with the lowest unemployment rate in the EU at just 2.1%. At the other end of the scale are Slovakia and Spain with 10.5% and 10.7% respectively.