#EurozoneJoblessRate#
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Euro area jobless rate came in at 7.5 percent in November, the same rate as in October, Eurostat reported Thursday, at the lowest rate since 2008. The number of people out of work decreased by 10,000 in November from the previous month. From last year, unemployment fell 624,000 to 12.315 million. The unemployment rate among youth aged below 25, held steady at 15.6 percent in November. Data showed that the unemployment rate in the EU28 also remained unchanged at 6.3 percent, the lowest on record.
Euro Mixed Ahead Of Eurozone Jobless Rate
At 5.00 am ET Thursday, Eurostat releases euro area unemployment data. The jobless rate is forecast to remain unchanged at 7.5 percent in November.
Ahead of the data, the euro traded mixed against its major counterparts. While the euro fell against the greenback and the franc, it rose against the po
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