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12/2/2021, 11:00 AM (Source: TeleTrader)
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Eurozone's unemployment rate down to 7.3% in October

The seasonally adjusted unemployment rate in the Eurozone (EA19) came in at 7.3% in October, going down from 7.4% observed in September to respond to market expectations, Eurostat revealed in its report issued on Thursday. On an annual level, the figure declined by 1.1 percentage points.

In the European Union (EU27) alone, the rate stood at 6.7%, remaining virtually unchanged in comparison to September. Year-on-year, it decreased by 0.8%.

Among the bloc's members, the unemployment rate remained the highest in Spain with 14.5% and the lowest in the Czech Republic with 2.6%.

Baha Breaking the News (BBN) / JR