The unemployment rate in the European Union has dropped in August, in comparison to the previous month and the same month last year. This rate is in fact the lowest joblessness rate the eurozone has reached since May 2008.
The EU statistics agency Eurostat released its 2018 report showing extremely diverse unemployment rates across Europe.
According to data released by the European Union's statistics agency, the unemployment rate in the eurozone remained steady at 7.9 per cent in December.
Eurozone inflation rose to 2.2 percent in October, official data showed, moving further away from the European Central Bank's (ECB) target rate, as unemployment in the single currency zone remained stable.