The eurozone’s unemployment rate fell to a historic low in December, official figures showed Tuesday.
The seasonally adjusted jobless rate stood at 7 per cent in December, compared to 7.1 per cent in November 2021 and 8.2 per cent in January 2020, according to the official Eurostat statistics agency.
“The eurozone ended 2021 — the year after the worst recession since World War II — with its lowest ever unemployment rate. A testimony to the success of our collective response to this crisis,” said Paolo Gentiloni, the EU economics affairs commissioner.
Eurostat said that some 13.6 million people were unemployed in the EU in December, including 11.5 million in the eurozone.
In the 27-member European Union, unemployment fell to 6.4 per cent in December, compared to 6.5 per cent in November and 7.5 per cent in January 2020.
SOURCE: JORDAN NEWS AGENCY