Eurozone unemployment edged down to 7.4% of the workforce in September as expected as the economy continues to bounce back from the recession caused by the COVID-19.
- Eurostat stated that 12.079 million were without jobs in the 19 countries bloc in the euro in September, compared to 12.334 million in August.
- This is the lowest figure since April 2020 when the unemployment rate was 7.3%.
- In September 2021, the youth jobless rate was 15.9% in the EU and 16.0% in the eurozone, down from 16.1% and 16.3% respectively in the last month.
- In the entire European Union(EU27), the jobless rate was 6.7%, 0.2 percentage points down on a monthly basis and one percentage point lower than in the same period last year.
Among member states, the unemployment rate was the highest in Spain at 14.6%, while Czechia posted the lowest figure of 2.9%.
Euro Stoxx 50 down -0.039%, EUR USD up +0.09%
Source: Eurostat.
