Unemployment in Eurozone Declined for the First Time in 9 Years
GCN.com
In a further sign of economic recovery, unemployment in the eurozone has fallen to its lowest level since March 2009, the Euronews reports.
The bloc’s seasonally-adjusted jobless rate for April fell from 9.5 to 9.3 percent, according new data from Eurostat.
The drop, which was stronger than economist predicted, marks a post-crisis low.
Strong growth in Germany has driven unemployment to record lows, while the number of people out of work in Italy also fell to its lowest level in four years.
Spain and Greece’s high rates of joblessness, however, continue to push up the overall figure.
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