2023-03-31 05:19:35 ET
- The Euro Area seasonally-adjusted unemployment rate stood at a record low of 6.6% in February 2023, unchanged from January and slightly below market estimates of 6.7%.
- A year earlier, it was higher at 6.8%.
- The number of unemployed decreased by 59 thousand from a month earlier to 11.142 million.
- Meanwhile, the youth unemployment rate, measuring job-seekers under 25 years old, was steady at 14.4%.
- Germany's adjusted unemployment rate rose unexpectedly in March to 5.6% from 5.5% in February, according to data published earlier Friday.
- ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ).
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Eurozone jobless rate steady at record low of 6.6%