HawkInsight

  • Contact Us
  • App
  • English

Eurozone unemployment hits record low, hits 6.4%

Eurozone economic data show jobless rate falls to 6 in November quarter-on-quarter.4%, compared with 6 in the previous month.5% slight decline。

欧元区失业率

Eurozone economic data show jobless rate falls to 6 in November quarter-on-quarter.4%, compared with 6 in the previous month.5% slight decline。

This number is in line with the record low set in June 2023.。

According to Eurostat figures released on Tuesday, the number of unemployed fell by 99,000 from October to 109.7 million.。

Eurozone youth unemployment (people under 25 looking for employment) fell to 14 in November..5%, compared with 14 in October.8% slightly lower。

The unemployment rate in Germany and the Netherlands is 3.1% and 3.5%, the lowest level in the Eurozone。Meanwhile, among the major economies in the region, Spain (11.9%), Italy (7.5%) and France (7.3%) recorded the highest unemployment rate。

As of the day, the euro edged down 0 against the dollar.05%, the EUR / USD currency pair is quoted at 1.0945。This suggests that the euro slipped slightly against the dollar on the day.。Declining unemployment could provide some support for the eurozone economy, especially in strong performers Germany and the Netherlands.。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.