Euro Area: Unemployment rate stable in August
Latest reading: The seasonally adjusted unemployment rate was stable at July’s 6.4% in August.
As for the Eurozone’s largest economies, the unemployment was stable in Germany and France, fell in Italy and Spain, and rose in the Netherlands. Significant disparities in labor market conditions between members persist: Spain is the economy with the highest unemployment rate (11.3%), followed by Greece (9.5%). At the other end of the spectrum, Malta (3.0%) and Slovenia (3.3%) have the lowest unemployment rates.