Eurozone unemployment rate dropped to 7.4% in December, down from 7.5% and beat expectation. That’s also the lowest level since May 2008. EU28 unemployment was at 6.2%, down from 6.3%.
Among the Member States, the lowest unemployment rates in December 2019 were recorded in Czechia (2.0%) as well as in Germany and the Netherlands (both 3.2%). The highest unemployment rates were observed in Greece (16.6% in October 2019) and Spain (13.7%).
