EUROZONE UNEMPLOYMENT FALLS: EU

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Tue 03 May 2022:

The eurozone unemployment rate was 6.8% in March, down from 6.9% previous month and 8.2% in March 2021.

According to official figures on Tuesday, the unemployment rate in the EU was 6.2%, down from 6.3% in February 2022 and 7.5% in March 2021.

Around 13.4 million men and women in the 27-member union were unemployed, of whom 11.3 million were in the eurozone in March.

The youth unemployment rate was 13.9% both in the EU and the eurozone in the same month, down from 14% in February.

Eurostat added that the unemployment rate for women was 6.6% in the EU and 7.2% in the euro area.

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