Unemployment in Europe has fallen to its lowest level since 2009

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Unemployment in the Eurozone has now fallen to its lowest level since early 2009, as the single-currency area continues along a road of economic recovery one year after the Brexit vote rattled confidence in the bloc’s future.

In June this year, euro-area unemployment dropped to 9.1%, down from 9.2% the previous month, and from 10.1% in the same month in 2016.

This pattern reflects a trend seen across the EU as a whole, where the jobless rate in June was 7.7%, down from 8.6% a year earlier, according to the latest Eurostat data.

Panag 2b“The encouraging news on job growth in Europe reflects the broader positive momentum we are seeing.

In addition to the…

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