In the euro zone, unemployment remained at a record low in June.

As in the previous month, the unemployment rate was 6.6 percent, as reported by the Eurostat statistics office in Luxembourg on Monday.

The ratio has never been lower since the euro was introduced to the financial markets in 1999.

A year earlier, the rate was noticeably higher at 7.9 percent.

Since spring 2021, unemployment in the 19 countries with the common currency has tended to fall.

The development was similar in the European Union (EU).

Here, Eurostat reported an unemployment rate of 6.0 percent for June.

The unemployment rate in June was particularly low in Germany, where it was 2.8 percent according to Eurostat criteria.

In Malta the rate was 3.0 percent and in the Netherlands 3.4 percent.

The values ​​are highest in Greece (12.3 percent) and Spain (12.6 percent).

These two countries also have the highest percentages of youth unemployment, with Greece having an even worse problem at 29.5 percent than Spain (27.9 percent).

The youth unemployment rate rose to 13.6 percent in June across the euro area from 13.2 percent in May.