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To which of the US measures of unemployment are these numbers equivalent? U6, the broadest measure in the US is about 18% while the "officially quoted" number is 10%.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Dec 3rd, 2009 at 12:03:22 AM EST
[ Parent ]
Eurostat: Euro area unemployment rate stable at 9.8% (pdf!)

Eurostat produces harmonised unemployment rates for individual EU Member States, the euro area and the EU. These unemployment rates are based on the definition recommended by the International Labour Organisation (ILO). The measurement is based on a harmonised source, the European Union Labour Force Survey (LFS).
Based on the ILO definition, Eurostat defines unemployed persons as persons aged 15 to 74 who:
  • are without work;
  • are available to start work within the next two weeks;
  • and have actively sought employment at some time during the previous four weeks.


"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Thu Dec 3rd, 2009 at 03:48:42 AM EST
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