Eurozone unemployment falls to near eight-year lowStaff Writer | April 4, 2017
Unemployment in the eurozone fell to a near eight-year low in February, adding to signs that growth in the 19-member economy is gaining momentum.
Europe The unemployment rate
The unemployment rate in the eurozone now stands at its lowest level since May 2009.
However, a total 15.439 million people were without work in February, Eurostat said.
At 3.9%, Germany recorded the lowest jobless rate in the eurozone.
Greece and Spain, however, remained in the unenviable position of posting the currency bloc's highest unemployment rate.
The latest data showed the jobless rate in Greece standing at 23.1% in December 2016 and 18% in Spain in February. ■