Euro area unemployment down to 7.6%

EPA/MAURITZ ANTIN

(FILE) A file photo dated 02 March 2012 shows the building of the European Central Bank (ECB) reflected in the Euro sign logo by artist Otmar Hoerl in Frankfurt am Main, Germany. Annual eurozone inflation fell to a more-than four-year low in March increasing the pressure on the European Central Bank to act to head off fears of deflation. The region's cost of living slumped to 0.5 per cent in March compared with 0.7 per cent in February, the European Statistics Office Eurostat said on 31 March 2014.

Euro area unemployment down to 7.6%


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Eurostat, the statistical office of the EU published new statistics about the unemployment rate.
The euro area (EA19) seasonally-adjusted unemployment rate was 7.6% in April 2019, down from 7.7% in March 2019 and from 8.4% in April 2018, which is the lowest rate recorded in the euro area since August 2008.
The EU28 unemployment rate was 6.4% in April 2019, stable compared with March 2019 and down from 7.0% in April 2018. This is the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000.

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