Eurozone unemployment rate hits lowest since August 2011Staff writer ▼ | May 2, 2016
The eurozone seasonally-adjusted unemployment rate fell to its lowest rate since August 2011 at 10.2 percent in March, Eurostat said.
Europe The unemployment rate was down from 10.4 percent
The European statistics agency said the number of persons unemployed decreased by 250,000 in the 28-country EU and by 226,000 in the 19-country euro area.
Among EU member states, the lowest unemployment rates in March were recorded in the Czech Republic (4.1 percent) and Germany (4.2 percent). Greece continues to have the highest unemployment rates at 24.4 percent, with Spain the second highest at 20.4 percent. ■