The euro area unemployment rate dropped marginally in July, figures from Eurostat revealed on Monday.
The jobless rate registered 6.2 percent in July compared to 6.3 percent in June. In the same period last year, the unemployment rate was 6.4 percent. Eurostat estimated that the number of people out of jobs decreased 170,000 from June to 10.805 million in July. Compared to last year, unemployment fell 161,000. The youth unemployment fell notably to 13.9 percent from 14.3 percent in June.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.