The unemployment rate in the eurozone decreased in August
The unemployment rate in the eurozone fell to 6.4 percent in August.
The European Statistical Office (Eurostat) published August unemployment data for the European Union (EU) and the Euro Zone.
According to the data, the seasonally adjusted unemployment rate in the EU, which was 6 percent in July, was 5.9 percent in August.
The unemployment rate in the eurozone, which was 6.5 percent in July, decreased to 6.4 percent in August.
The unemployment rate was determined in August last year at 6.7 percent in the euro zone and 6.1 percent in the EU.
According to EU-compatible data, the unemployment rate was 11.5 percent in Spain, 10.9 percent in Greece, 7.6 percent in Sweden and Estonia, and 7.3 percent in Italy. and France in August.
YOUTH UNEMPLOYMENT
While the number of unemployed in the EU was 12 million 837 thousand in August, 10 million 856 thousand of them were in the euro zone.
In August, the number of unemployed young people under 25 years of age was set at 2 million 687 thousand in the EU and 2 million 194 thousand in the euro area.
The youth unemployment rate was measured at 14 percent in the EU and 13.8 percent in the eurozone. (AA)
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
