Eurozone unemployment rate dropped from 6.9% to 6.8% in February, above expectation of 6.7%. EU unemployment rate also dropped from 6.3% to 6.2%.
Eurostat estimates that 13.267 million men and women in the EU, of whom 11.155 million in the euro area, were unemployed in February 2022. Compared with January 2022, the number of persons unemployed decreased by 221 000 in the EU and by 181 000 in the euro area.
