Euro area unemployment rate dropped to a fresh record low in March despite the 20-nation currency bloc experiencing a modest economic growth.The jobless rate slid to 6.5 percent in March from 6.6 percent in February, data from Eurostat showed on Wednesday. In the same period last year, the unemployment rate was 6.8 percent. Data showed that unemployment decreased by 121,000 in March from February....
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.