Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Eurozone unemployment hits 7%, lowest since 1998

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February 01, 2022: The unemployment rate in the eurozone fell to a historic low, official figures showed on Tuesday, as hiring in Europe rode a solid recovery and shrugged off the explosive spread of the Omicron variant.

Eurostat, the EU's official statistics agency, said the seasonally-adjusted jobless rate stood at seven percent, the lowest level since the agency began its record in April 1998.

AFP/APP

Posted on: 2022-02-01T15:35:22+05:00

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