Mubasher TV
Contact Us Advertising   العربية

Eurozone unemployment slips in October

Eurozone unemployment slips in October
Photo Credit: Arabianeye - Reuters

Dubai – Mubasher: Unemployment rate in the Eurozone has fallen in October, yet lower than previous estimates, thus signaling improved labour market and overall economy, official figures showed Tuesday.

Figures from the European Union's statistics agency Eurostat showed the unemployment rate across the region fell in October to 10.7% from 10.8% the previous month, and against estimates of 10.8%.

Eurostat said the unemployment rate is now at its lowest level since January 2012. Since October 2014, the number of people out of work has fallen by 1.3 million.