Economic Buzz: Eurozone Jobless Rate Drops To 7.2% In November

10 Jan 2022 , 04:22 PM

Euro area jobless rate dropped to 7.2 percent in November from 7.3 percent in October, preliminary figures from the statistical office Eurostat showed Monday. The EU unemployment rate eased to 6.5 percent from 6.7 percent. The number of unemployed in the EU totaled 13.984 million persons in November, of whom 11.829 persons were in Eurozone. Compared to the previous month, the jobless figure fell by 247,000 persons in the EU and by 222,000 in the euro area. On a year-on-year basis, the unemployment total decreased by 1.659 million persons in the EU and by 1.411 million in the euro area.

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