Unemployment in the eurozone hit a record low of 6.5 percent in March, the EU’s statistics agency said on Wednesday. The reading, down from 6.6 percent in February, is the lowest since Eurostat started compiling jobless figures in April 1998 for the economies in the single-currency area. Unemployment in the overall EU area, which includes the eurozone, was 6.0 percent last month, unchanged from February.
Eurostat estimated that for the entire 27-nation European Union, 12.96 million adults were unemployed in March, with 11.01 million of them in the eurozone.
But other data is not all positive for the European economy.—AFP
