The unemployment rate remained stable in November in the euro zone, at 6.3% of the active population, a rate unchanged since August, Eurostat announced on Tuesday January 7. Despite weak economic growth, the indicator remains at its lowest level since the European Statistics Office began compiling this series in April 1998 for the twenty countries now sharing the single currency.
Over one year, the rate of unemployed people fell by 0.2 points. For the European Union as a whole, the unemployment rate reached 5.9% in November. It is also unchanged since August, its historic low point. Some 12.97 million people were unemployed in November across the 27 EU member states, including 10.82 million in the eurozone.
The unemployment rate stands at 7.7% in France (+0.1 point compared to October), compared to 5.7% in Italy and 3.4% in Germany, according to harmonized data from Eurostat. The lowest rates in the EU were recorded in the Czech Republic (2.8%), Poland (3%) and Malta (3%). The highest were recorded in Spain (11.2%), Greece (9.6%) and Finland (8.7%). In its latest economic forecasts published in November, the European Commission forecasts a stabilization of the unemployment rate at 6.3% in 2025 and 2026 in the euro zone, and at 5.9% over the same horizon at the scale of the EU.
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