The eurozone and the European Union both closed in 2021 with a lower unemployment rate, indicating a continued downtrend of jobless individuals in the territories.
- The eurozone unemployment rate fell to 7.0% from 7.1% the previous month and 8.2% the same month last year. The EU unemployment rate declined to 6.4% from 6.5% in November and 7.5% in December 2020.
- The rate reflects 13.612 million jobless in the EU, 210,000 lower than in November. Unemployed individuals in the eurozone stood at 11.481 million, reflecting a 185,000 decline from the previous month.
- Youth unemployment in the EU was recorded at 2.748 million, equivalent to an unemployment rate of 14.9%. Youth unemployment in the eurozone was 2.222 million, or a rate of 14.9%.
The unemployment rate for women in the EU fell to 6.6% from 6.8% in November, and down to 7.3% from 7.5% in the eurozone.
EZU is up 0.82%, and VGK up 0.30% premarket.