Caspian Energy Journal Caspian European Club
Thursday, 10 January 2019 17:00

Euro area unemployment at 7.9%

Euro area unemployment at 7.9%

The euro area (EA19) seasonally-adjusted unemployment rate was 7.9% in November 2018, down from 8.0% in October 2018 and from 8.7% in November 2017. This is the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.7% in November 2018, stable compared with October 2018 and down from 7.3% in November 2017. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000, Caspian Energy News ( reports with reference to Eurostat, the statistical office of the European Union.

Eurostat estimates that 16.491 million men and women in the EU28, of whom 13.040 million in the euro area, were unemployed in November 2018. Compared with October 2018, the number of persons unemployed decreased by 107 000 in the EU28 and by 90 000 in the euro area. Compared with November 2017, unemployment fell by 1.489 million in the EU28 and by 1.135 million in the euro area.

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Person in charge of the newsline: Olga Nagiyeva 

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