Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Euro zone unemployment at 10 percent in September

Published 03/11/2016, 10:30
© Reuters. A worker cleans red carpet ahead of U.S. President Obama visit to Hanover

BRUSSELS (Reuters) - Euro zone unemployment was 10.0 percent in September, unchanged from a downward revised 10.0 percent in August and in line with expectations, the European Union's statistics office said on Thursday.

Unemployment fell in most countries sharing the euro currency, notably in Belgium, Ireland and France, while more people were out of a job in Austria, Italy and Luxembourg.

Previously, Eurostat had estimated euro zone unemployment at 10.1 percent for August.

In September, youth unemployment fell to 20.3 percent from 20.6 percent, driven by improvements in Spain and Italy, though the overall level of those under the age of 25 without a job remained particularly high in those countries.

© Reuters. A worker cleans red carpet ahead of U.S. President Obama visit to Hanover

Among euro zone countries, Germany had the lowest level of unemployment, stable at 4.1 percent.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.