Euro Unemployment rate at 5 year low
The seasonally adjusted unemployment rate in the Euro Area came in at 10.1 percent in June 2016 unchanged from the May rate and down from 11 percent a year earlier. It is also the lowest level since July 2011. Among the Member States, the lowest unemployment rates were recorded in Malta (4 percent), Czech Republic (4.1 percent) and Germany (4.2 percent); while the highest unemployment rates were observed in Greece (23.3 percent in April 2016) and Spain (19.9 percent).…
