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MNI: EUROZONE DATA: Unemployment Rate (Jun 2019).....>

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MNI: EUROZONE DATA: Unemployment Rate (Jun 2019)
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- The Eurozone unemployment (UE) rate declined once again in Jun to sit at
7.5%...
- ... although historical revisions meant that May's rate was revised up by
0.1pp to 7.6% (down from 7.7% in Mar)
- The UE rate has been on a downward trend since mid-2013 and now sits at its
lowest reading since Jul 2008
- Among member states, the lowest UE rates were recorded in Germany (3.1%), the
Netherlands (3.4%) & Malta (3.4%)...
- ... while the highest were observed in Greece (17.6% in Apr 2019), Spain
(14.0%) & Italy (9.7%)
- On the year, the UE rate has fallen across all member states bar Estonia
(where it remained stable) & Luxembourg (where it rose 0.2pp to 5.8%)
- The largest decreases were registered in Greece (from 19.8% to 17.6% between
Apr 2018 and Apr 2019), Cyprus (from 8.3% to 6.5%) & Ireland (from 5.9% to 4.5%)

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