Eurozone unemployment rate unexpectedly eased in November to its lowest level in over a decade, figures from Eurostat showed on Wednesday.
The seasonally adjusted jobless rate eased to 7.9 percent from a revised 8 percent in October. Economists had expected the rate to remain unchanged at October's original rate of 8.1 percent. The latest jobless rate was the lowest since October 2008, Eurostat said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.