Eurozone unemployment rate holds steady at record low.
The eurozone jobless rate stayed at a record-low rate in June, with the number of young unemployed people across the single-currency region dropping to a two-year low.
Source: Sharecast
The euro area seasonally adjusted unemployment rate was 6.2% last month, according to figures out on Thursday from Eurostat.
The jobless rate held at an all-time low for the third straight month after falling from 6.4% in March. Economists had pencilled in a rise to 6.3%.
Some 10.7m people across the eurozone were without work but available to start work in June, though down 62,000 compared with May.
Spain continued to register the highest jobless rate across the region at 10.4% in June, though down from 10.6% in May; while the lowest rate was seen in Malta at 2.5%, down from 2.6% the month before.
Meanwhile, youth unemployment fell by 34,000 to 2.24m, with the jobless rate easing from 14.3% to 14.1% – the lowest since April 2023.
Compare our accounts
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
