Arab Today, arab today eurozone unemployment lowest for 3 years data shows
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Eurozone unemployment lowest for 3 years, data shows

Arab Today, arab today

Arab Today, arab today Eurozone unemployment lowest for 3 years, data shows

Unemployment in the 19-nation eurozone
Brussels - AFP

Unemployment in the eurozone fell to 10.9 percent in July, the first time it has dipped below 11 percent since February 2012, raising hopes that economic recovery is taking hold, official data showed on Tuesday.

Joblessness in the 19-nation currency bloc fell from 11.1 percent in June, the EU statistics agency Eurostat said, but with youth unemployment at a still high 21.9 percent.

As usual, the level of joblessness varied widely across the eurozone, but the sharp fall will boost hope that Europe is emerging from its prolonged debt crisis.

Unemployment in powerhouse Germany was unchanged at 4.7 percent, the lowest rate in the currency bloc.

The highest rate was in debt-stricken Greece, at 25 percent in May, the latest data available, but down from 25.6 percent a month earlier.

Youth unemployment in Greece stood at 51.8 percent and at a still huge 48.6 percent in Spain, another country struggling to reignite job creation after the crisis.

In welcome news, Italy, the eurozone's third biggest economy, saw joblessness fall to 12 percent, snapping two consecutive months of increases despite a wave of job reforms.

Youth unemployment in Italy still stood at a high 40.5 percent.

EU-wide, unemployment in the 28 member states fell by 0.1 percent to 9.6 percent in June, the lowest level since June 2011.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone unemployment lowest for 3 years data shows Arab Today, arab today eurozone unemployment lowest for 3 years data shows

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone unemployment lowest for 3 years data shows Arab Today, arab today eurozone unemployment lowest for 3 years data shows

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday