• Friday, April 26, 2024

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Eurozone unemployment rate lowest at 8.2 per cent in July: Eurostat

July 2018 Data Shows Lowest Unemployment Rate in Euro zone Since Nov 2008: Eurostat.

By: Radhakrishna N S

Eurozone recorded a seasonally adjusted unemployment rate of 8.2 per cent in July 2018, stable when compared to June 2018 and down from 9.1 per cent recorded during the same period last year. This is the lowest rate recorded in the euro area since November 2008, said the statistical office of the European Union, Eurostat in a report on Friday (31). The European Union’s (28) unemployment rate was 6.8 per cent in July 2018, down from 6.9 per cent in June 2018 and from 7.6 per cent in July 2017. This is the lowest rate recorded in the EU28 since…

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