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Euro Zone Jobless Rate Rises to 7.8% as Expected in November |
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European Economy |
Written by CEP News |
Jan 08 09 09:29 GMT |
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(CEP News) Frankfurt - The euro zone jobless rate rose as expected to 7.8% in November from 7.7% previously, Eurostat reported on Thursday. According to estimates, 12.18 million individuals were unemployed in the monetary union, up 202,000 compared to October.
Among the euro zone states for which data is available, the lowest jobless rate was observed in the Netherlands, with 2.7% of the country's labour force actively searching for employment. Conversely, Spain registered the highest unemployment rate, with a figure of 13.4% in November. Written by CEP News European Staff in Frankfurt,
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, edited by Nancy Girgis,
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