Eurozone unemployment remains stable in November

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Eurozone unemployment remains stable in November

The unemployment rate in the Eurozone was set at 6.5 percent in November. The European Statistical Office (Eurostat) published the unemployment data for the European Union (EU) and the Eurozone for November. Accordingly, the unemployment rate in the Eurozone, which was 6.5 percent in October, remained unchanged in November. The unemployment rate was set at 7.1 percent in the Eurozone and 6.5 percent in the EU in November of last year. Looking at the unemployment rate on a country basis, in November the unemployment rate was 12.4 percent in Spain, 11.4 percent in Greece, 7.8 percent in Italy, 7 percent in France and 3 percent in Germany. 2.8 million young people unemployed The seasonally adjusted unemployment rate in the EU, which was 6 percent in October, remained the same level in November. The number of unemployed in the EU was 12 million 950 thousand in November, while 10 million 849 thousand of them were in the Eurozone. In November, the number of unemployed young people under the age of 25 was determined as 2 million 880 thousand in the EU and 2 million 353 thousand in the Eurozone. The youth unemployment rate was measured as 15.1 percent in the EU and the Eurozone.