Eurozone unemployment rate remained steady in January

Buz Investors Eurozone unemployment rate In January, the unemployment rate remained flat at a level of 9.60% in the Eurozone, in line with market expectations.

Buz Investors Eurozone unemployment rate In January, the unemployment rate remained flat at a level of 9.60% in the Eurozone, in line with market expectations.

The jobless rate in the Euro Area was unchanged at 9.6 percent in January of 2017, the same as in December and in line with market expectations. It remains the lowest rate since May of 2009. A year earlier, unemployment was higher at 10.4 percent. Unemployment Rate in the Euro Area averaged 9.79 percent from 1995 until 2017, reaching an all time high of 12.10 percent in April of 2013 and a record low of 7.20 percent in March of 2008.



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Eurozone unemployment rate

 

The jobless rate in the Euro Area was unchanged at 9.6 percent in January of 2017, the same as in December and in line with market expectations. It remains the lowest rate since May of 2009. A year earlier, unemployment was higher at 10.4 percent.

15.620 million people were unemployed in the Euro Area in January, down by 56,000 from Decmeber of 2016 and by 1.101 million from a year earlier.
Considering the European Union, the unemployment rate decreased to 8.1 percent from 8.2 percent in December and 8.9 percent a year earlier. It is the lowest level since January of 2009. 19.969 million men and women were unemployed, down by 96,000 from the previous month and by 1.733 million from January of 2016.
Among Member States, the lowest unemployment rates were recorded in the Czech Republic (3.4 percent from 3.5 percent in December) and Germany (3.8 percent from 3.9 percent) and the highest in Greece (stable at 23 percent in November 2016) and Spain (18.2 percent from 18.4 percent). The jobless rate was steady in France (10 percent) and in Italy (11.9 percent).



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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD)




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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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