While it climbed to 8.6% in the same period a year ago, a direct consequence of the coronavirus pandemic, the unemployment rate in the euro area fell to 7.4% in September, confirming the decline started this summer.

The rebound in the economy since the spring, after the shock of health restrictions, continues to fuel the improvement in the labor market.

For the EU as a whole, unemployment fell in September to 6.7% of the working population, against 6.9% the previous month, and 7.7% in September 2020, according to the European statistics office .

This represents 14.32 million unemployed men and women in the EU in September, including 12.08 million in the 19 countries sharing the common currency.

The improvement remains even more marked among young people, the first victims last year of the recession linked to health restrictions that paralyzed entire sections of the economy: their unemployment rate in the euro area fell to 16% in September , against 16.3% in August and against 18.8% a year earlier.

In detail, the lowest unemployment rate is recorded in the Czech Republic (2.6%), and the highest in Spain (14.6%), after Greece (13.3%).

And among the major forces of the European economy, Germany (3.4%) does much better than France (7.7%) and Italy (9.2%).

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