The number of unemployed people in the eurozone fell below 11mn for the first time in July, or an all-time low of 6.6 per cent of the workforce, underlining the resilience of the bloc’s labour market despite the energy crisis caused by Russia’s invasion of Ukraine.
The official count of jobless people in the 19-country bloc dropped by 77,000 in July, according to data published by the European Commission’s statistics unit on Thursday. The bloc’s unemployment rate stood at 6.7 per cent in June.
In the wider EU, the number of unemployed people fell 113,000 in July, taking it below 13mn for the first time and its jobless rate to a new low of 6 per cent.