1/9, 11:00 AM (Source: TeleTrader)
more TeleTrader news

Eurozone unemployment rate at 6.5% in November

The seasonally adjusted unemployment rate in the euro area was unchanged at 6.5% in November, in comparison to October, Eurostat revealed in its report on Monday, with the rate going down by 0.6 percentage points on an annual basis.

In the entire European Union, the unemployment rate remained at 6% in November month on month. Year over year, the reading declined by 0.5 percentage points.

EU member states with the highest rates of unemployment were Spain with 12.4%, followed by Greece with 11.4%. Meanwhile, the countries with the lowest unemployment rate were Czechia with 2.7%, while the unemployment rate in both Germany and Poland stood at 3%.

Baha Breaking News (BBN) / KB