Euro Area: Unemployment rate falls in July
The seasonally adjusted unemployment rate edged down to 6.4% in July from June’s 6.5%.
As for the Eurozone’s largest economies, the unemployment rate fell in Italy, and was stable in Germany, France, Spain and the Netherlands. Significant disparities in labor market conditions between members persist: Spain is the economy with the highest unemployment rate (11.5%), followed by Greece (9.9%). At the other end of the spectrum, Malta (3.0%) and Slovenia (3.3%) have the lowest unemployment rates.