Eurostat released its unemployment data for the Eurozone on Tuesday. Eurozone’s unemployment rate remained unchanged at 10.2% in April, in line with expectations. It was the lowest reading since August 2011.
There were 16.420 million unemployed in the Eurozone in April, down by 63.000 from March.
The lowest unemployment rate in the Eurozone in March was recorded in Germany (4.2%) and the highest in Greece (24.2% in February 2016) and Spain (20.1%).
The youth unemployment rate was 21.1% in the Eurozone in April, compared to 22.5% in April a year ago.
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