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- Eurozone's unemployment rate remains unchanged at 11.0% in August
Eurozone's unemployment rate remains unchanged at 11.0% in August
Eurostat released its unemployment data for the Eurozone on Wednesday. Eurozone's unemployment rate remained unchanged at 11.0% in August. July's figure was revised up from 10.9%.
Analysts had expected the unemployment rate to fall to 10.9%.
There were 17.603 million unemployed in the Eurozone in August, down from 17.604 million in July.
The lowest unemployment rate in the Eurozone in August was recorded in Germany (4.5%), and the highest in Greece (25.2% in June 2015) and Spain (22.2%).
The youth unemployment rate was 22.3% in the Eurozone in August, compared to 23.6% in August a year ago.
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