Categories: Economy

The unemployment rate in Europe fell to 6% in October

The unemployment rate in Europe fell to 6% in October

The European Statistical Office (Eurostat) has published unemployment data for the European Union (EU) and the Eurozone for the month of October.

Consequently, the seasonally adjusted unemployment rate in the EU, which was 6.1% in September, decreased to 6% in October.

RECORDED AS 6.5 PERCENT IN THE EURO REGION

The unemployment rate in the Eurozone, which was 6.6 percent in September, fell to 6.5 percent in October. The unemployment rate was 7.3 percent in the euro area and 6.6 percent in the EU in October last year.

By country, the unemployment rate was 12.5 percent in Spain, 11.6 percent in Greece, 7.8 percent in Italy and 7.1 percent in France in October.

While the number of unemployed in the EU was 12 million 953 thousand in October, 10 million 872 thousand of them occurred in the Euro Zone.

In October, the number of unemployed young people under 25 years of age was determined at 2 million 872 thousand in the EU and 2 million 326 thousand in the Euro Zone. The youth unemployment rate was 15.1% in the EU and 15% in the Eurozone. (AA)

Source: Sozcu

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