Euro zone unemployment rate declines in May

Mubasher: The statistical office of the European Union Eurostat said Friday that unemployment rate fell 10.1% in May, compared with 10.2% in April 2016 and with 11.0% in May 2015.

The EU28 unemployment rate reached 8.6% in May 2016 versus 8.7% in April 2016 as well as 9.6% in May 2015.

"This is the lowest rate recorded in the EU28 since March 2009", Eurostat said. 

Mubasher Contribution Time: 01-Jul-2016 14:39 (GMT)
Mubasher Last Update Time: 01-Jul-2016 14:39 (GMT)