The euro area unemployment rate remained stable in August after falling slightly in the previous month, data from Eurostat showed on Wednesday.The jobless rate stood at 6.4 percent in August, the same as in July. That was in line with expectations.In the same period last year, the unemployment rate was 6.6 percent.The number of unemployed decreased 94,000 from July to 10.925 million. Compared to A...
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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.