Eurozone jobless rate below 10% for first time since 2011

Eurozone jobless rate below 10% for first time since 2011
 

The eurozone's unemployment rate has fallen below 10% for the first time since 2011.
Unemployment fell to 9.8% in October - its lowest rate for seven years - from a revised 9.9% in September, the EU statistics agency Eurostat reported.
Eurostat had originally estimated the September rate at 10%.
Germany's jobless rate was 4.1% while Portugal's was 10.8%. Greece had a rate of 23.4% in August, the latest month for which statistics were available.
Nearly 16 million people in the 19-nation bloc are seeking work Eurostat said, down 178,000 on September and some 1.12 million lower than a year... read more

 
1 December 2016 in Business, Views: 37
Source: BBC
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