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- Eurozone's unemployment rate decreases to 11.1% in April from 11.2% in March, the lowest level since February 2012
Eurozone's unemployment rate decreases to 11.1% in April from 11.2% in March, the lowest level since February 2012
Eurostat released its unemployment data for the Eurozone on Wednesday. Eurozone's unemployment rate fell to 11.1% in April from 11.2% in March. It was the lowest level since February 2012.
March's figure was revised down from 11.3%.
Analysts had expected the unemployment rate to remain unchanged at 11.2%.
There were 17.846 million unemployed in the Eurozone in April, down 130,000 from March.
The lowest unemployment rate in the Eurozone in April was recorded in Germany (4.7%), and the highest in Greece (25.4% in February 2015) and Spain (22.7%).
The youth unemployment rate declined to 22.3% in the Eurozone in April from 22.6% in March.
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