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Euro zone unemployment eases to 7.4% in Sept as expected – Metro US

Euro zone unemployment eases to 7.4% in Sept as expected

FILE PHOTO: Shops affected by the COVID-19 lockdown in the
FILE PHOTO: Shops affected by the COVID-19 lockdown in the western German city of Essen

BRUSSELS (Reuters) – Euro zone unemployment eased to 7.4% of the workforce in September as expected, the EU’s statistics office said on Wednesday, as the economy continues to recover from the recession caused by the COVID-19 pandemic.

The statistics office said 12.079 million people were without jobs in the 19 countries sharing the euro in September, compared to 12.334 million, or 7.5% of the workforce, in August.

This is the lowest reading since April 2020 when the unemployment rate was 7.3%.

(Reporting by Jan Strupczewski)