DXGE - Eurozone February jobless rate tops forecasts but held steady signaling a continued tight labor market

• The Euro Area seasonally-adjusted unemployment rate stood at 6.7% in January 2023, unchanged from December and slightly above market estimates of 6.6%.
• A year earlier, the jobless rate was higher at 6.9%.
• The number of unemployed increased by 43 thousand from a month earlier to 11.169 million.
• However, youth unemployment rose to 14.4% in January from 14.3% in December.
• ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ).

For further details see: