The seasonally adjusted unemployment rate in the euro area stood at 6.3% in November, unchanged for the third month in a row, Eurostat revealed in its report issued on Tuesday. The rate went down by 0.2 percentage points on an annual basis.
In the entire European Union, the unemployment rate stood at 5.9% in November, stable compared to October's figure and 0.2 percentage points down from November 2023. Spain had the highest unemployment rate among EU member states at 11.2%, followed by Greece at 9.6%, Finland with 8.7% and Sweden at 8.5%. Meanwhile, the countries with the lowest unemployment rate were Czechia with 2.8% and Malta and Poland with 3.0%.
The report showed that 12.968 million people were unemployed in the European Union in November, of which 10.819 were in the Eurozone.