The unemployment rate in the eurozone fell to 9.8 percent in October, the lowest rate since July 2009, the EU’s statistic agency Eurostat revealed Thursday.
Throughout the EU, unemployment in October fell 0.1 percent to 8.3 percent, a record low since February 2009.
Of the EU28 countries, the Czech Republic had the lowest unemployment rate, (3.8 percent), followed by Germany (4.1 percent). Unemployment was highest in Greece (23.4 percent in August, the latest available figure) and Spain (19.2 percent in October).
The youth jobless rate also fell in October 2016 compared to the same period the year prior, to 18.4 percent from 19.9 percent for the EU and to 20.7 percent from 22.2 percent in the Eurozone.