Eurozone unemployment remains stable at 6.6%, lower than in pandemic

Eurozone unemployment remained steady at 6.6% throughout the month of June 2022 in contrast with the earlier month, the EU's statistical workplace Eurostat introduced on Monday.

It has decreased by 1.3% in comparison with final 12 months's unemployment degree as individuals return to work after job losses throughout the COVID-19 pandemic.

The European Union's unemployment degree was at 6%, additionally steady in contrast with Could 2022, Eurostat mentioned.

Youth unemployment, nevertheless, elevated month-on-month by about 59,000 within the EU and 64,000 within the eurozone.

However in comparison with final 12 months it has decreased by round 527,000 within the EU and 450,000 within the eurozone.

Eurostat estimates that round 12.9 million women and men within the European Union are unemployed. Some 2.5 million individuals unemployed within the EU are beneath the age of 25.

The charges differ per EU nation. Unemployment was highest in Spain and Greece at 12.6% and 12.3% respectively. The Czech Republic has the bottom unemployment fee within the EU at 2.4%.

The unemployment fee within the EU for girls is barely greater than the speed for males.

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