(MENAFN- AzerNews)
By Trend
Eurozone unemployment fell to a new record low in May as the
economy continued to rebound from the COVID-19 pandemic, Trend reports with reference to Reuters .
The European Union's statistics office Eurostat said on Thursday
that unemployment in the 19 countries sharing the euro fell to 6.6%
of the workforce in May from a revised 6.7% in April.
Economists polled by Reuters had expected a reading of 6.8%, the
previously reported record low.
The 6.6% rate is the lowest rate since records dating back to
1998, just before the official launch of the euro in January
1999.
In absolute terms, the number of people without jobs in the 19
countries sharing the euro fell to 11.004 million from 11.085
million a month earlier.
--
Follow us on Twitter @AzerNewsAz
MENAFN30062022000195011045ID1104460987
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.