Eurostat - Unemployment rate falls to record lows in the eurozone

The unemployment rate in the eurozone fell to a record low in February.

In Portugal, the indicator stood at 6.4%, compared with 6.5% in February 2024 and 6.3% in January.

Since the introduction of the euro, the unemployment rate in the euro area has never been so low: it has fallen to a good six percent in the 20 euro states, but there are outliers.

Analysts had expected stagnation, but unemployment in the eurozone fell to a record low in February, but the situation in the European Union also improved significantly. In February ... ...

According to EU data, unemployment in Germany is 3.5%, according to German calculations 6.4%. How can this be? The post How the EU calculates unemployment in small numbers appeared first on financemarktwelt.de.

Average unemployment in the euro area fell to 6.1% in February from 6.2% in January, according to data released by Eurostat on Tuesday.