LOGO
LOGO

Economy And The Numbers

Eurozone Unemployment Rate At Record High

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The euro area unemployment rate reached a fresh high in October, data published by Eurostat showed Friday.

The jobless rate rose marginally to 11.7 percent, in line with expectations, from 11.6 percent in September.

The number of persons unemployed increased by 173,000 from the prior month to 18.703 million. Compared with October, unemployment rose by 2.174 million.

The lowest unemployment rate was recorded in Austria, while Spain has the highest rate of 26.2 percent, followed by Greece.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19