Unemployment Rate in Eurozone
IELTS ACADEMIC TASK 1 SAMPLE ANSWER | EUROZONE UNEMPLOYMENT RATESThe line graphs show the overall average Eurozone unemployment rate and the national unemployment rates for three countries within the Eurozone over a ten-year period from 2006 to 2016.
Overall, the trend across the Eurozone showed a decreasing unemployment rate between 2006 and 2008, reaching a low of almost 7%; however, then unemployment began to dramatically increase, reaching a peak of 12% in 2013 before beginning to fall again gradually, ending up at 10% by 2016.
Switzerland generally followed the early part of this overall trend, with decreasing unemployment until 2008, then it began to rise, and peaked in 2010 at around 4.2% before falling to almost pre-peak levels by 2011, after which it experienced a period of fluctuation but with a predominantly upward trend.
Germany clearly went against the overall trend for the Eurozone, showing a strong and almost linear downward tendency with the exception of 2009, which saw the only increase in its unemployment rate over the entire period. Germany also experienced the largest overall change over the period; a decrease of around 14% over the ten years.
Greece had the highest unemployment rate of any of the countries over the period; reaching as high as 28% in 2013. Moreover, it was the only country to consistently exceed the average unemployment rate for the Eurozone. In contrast, Switzerland attained the overall lowest rate of unemployment; 2.5% in 2008.
Switzerland also notably had the most stable unemployment rate, despite minor fluctuations, as these accounted for little more than a 1.5% change at any time, which occurred from 2008 to 2009.
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