10 minutes agoEurozone unemployment rate declines
Periskopi(7 years ago)
(7 years ago)Unemployment rates have dropped to the lowest since August 2008 in the 19 countries using the euro, as domestic demand is continuing to rise despite the slowdown in global trade. The European Union's statistical agency said on Tuesday that unemployment dropped to 7.6% in April from 7.7% to [...]
The European Union's statistical agency said on Tuesday that unemployment dropped to 7.6% in April from 7.7% in March, while 64,000 people were registered as unemployed.
Official figures also showed inflation (the size of one country's currency purchasing power) in the Eurozone decreased to 1.2% in May from 1.7% in April.
As for inflation data, it becomes known that the European Central Bank faces mixed signals. Inflation remains stubbornly low, despite a stimulating programme of 2.6 trillion euros that ended last year.
