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EU unemployment rate rises to 7.6 percent in October

December 2, 2020
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EU unemployment rate rises to 7.6 percent in October
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The EU’s unemployment rate hit 7.6% in October, the bloc’s statistical office announced Wednesday.

Compared to September, the number of unemployed in the EU fell by 91,000, Eurostat said.

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UNEMPLOYMENT IN THE EU ROSE ANNUALLY BY 2.1 MILLION

Yet the unemployment rate was up from 6.6% a year earlier, in October 2019, reflecting the continued economic fallout from the COVID-19 pandemic.

The youth unemployment rate in the EU in October was 17.5%, up from 17.4% the previous month.

In October youth unemployment rose by 404,000 in EU member states compared to the same month last year.

The unemployment rate for women was 8%, while for men it was 7.2%.​​​​​​​

Tags: coronavirusEUpandemicunemployment
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