Eu­ro­zone job­less at low­est since 2011

China Daily (Canada) - - BUSINESS -

The eu­ro­zone sea­son­ally ad­justed un­em­ploy­ment rate in Fe­bru­ary hit the low­est level since Au­gust 2011 at 10.3 per­cent, said the sta­tis­ti­cal of­fice of the Euro­pean Union, Euro­stat. The rate was down from 10.4 per­cent in Jan­uary 2016, and from 11.2 per­cent in Fe­bru­ary 2015. In the wider 28-na­tion EU, the un­em­ploy­ment rate was 8.9 per­cent in Fe­bru­ary, the low­est since May 2009. The fig­ures re­flect the num­ber of per­sons un­em­ployed in Fe­bru­ary de­creased by 59,000 in the EU and by 39,000 in the euro area com­pared with the pre­cious month.

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