The euro area unemployment rate continued to fall in October with the gradual relaxation of restrictions related to Covid-19, data from Eurostat revealed on Wednesday.
The jobless rate fell marginally to 8.4 percent in October from 8.5 percent in the previous month. The rate came in line with economists' expectations.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.