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Unemployment in the euro area fell in October

Unemployment data is one of the determinants of the economy. Unemployment in the Euro Zone, which was 7.4 percent in October and September, decreased to 7.3 percent.

Unemployment in the euro area fell in October

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

Accordingly, seasonally adjusted unemployment in the EU, which was 6.7 percent in September, remained at the same level in October.

UNEMPLOYMENT DECREASE IN EURO REGION

Unemployment in the Euro Zone, which was 7.4 percent in September, declined to 7.3 percent in October.

Unemployment was 8.4 percent in the Euro Area and 7.5 percent in the EU in October last year.

On a country basis, unemployment was 14.5 percent in Spain, 12.9 percent in Greece, 9.4 percent in Italy, 8.7 percent in Sweden, 7.6 percent in France and 3.3 percent in Germany in October. determined.

While the number of unemployed in the EU was 14 million 312 thousand in October, 12 million 45 thousand of them took place in the Euro Zone. The youth unemployment rate was measured as 15.9 percent in the EU and Euro Area.

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