The euro zone unemployment rate continued to decline in November, affecting 7.2% of the working population, after 7.3% in October and 7.4% in September, Eurostat announced Monday.
The rebound in the European economy since the spring, after the shock linked to the Covid-19 pandemic, has led to an improvement in the labor market.
For the European Union as a whole, unemployment fell by 0.2 point in November, compared to the previous month, to 6.5%, according to the European statistics office.
Some 13.98 million men and women were unemployed in the EU in November, including 11.83 million in the 19 countries sharing the single currency.
Youth unemployment rate drops
The improvement is clear over one year.
Unemployment affected 8.1% of the working population in the euro area in November 2020 and 7.4% in the EU.
Since November 2020, unemployment has fallen by 1.66 million people in the EU and by 1.41 million in the euro area.
The improvement is even more marked among young people (under 25), the first victims last year of the health restriction measures which paralyzed entire sections of the economy.
Their unemployment rate fell 0.3 percentage points in the euro area in November from the previous month, to 15.5% - from 18% in November 2020.
Youth unemployment has thus returned to the historically low levels reached at the end of 2019 and early 2020, before the start of the Covid pandemic.
By country, and for the entire population, the lowest unemployment rates in November were recorded in the Czech Republic (2.2%), the Netherlands (2.7%), Poland (3% ) and in Germany (3.2%).
The share of the unemployed was highest in Spain (14.1%), ahead of Greece (13.4%), Italy (9.2%), Sweden (8.4%) and France (7.5%).
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