Eurozone February unemployment rate 8.3% vs 8.1% expected
Latest data released by Eurostat - 6 April 2021
The euro area jobless rate keeps steady at 8.3% following the upwards revision to the January figure. After the initial spike higher from Q2 to Q3 last year, the unemployment rate has been keeping steadier in general; though furlough schemes are messing with things. As such, it is tough to extrapolate much meaning from the report above.
- Prior 8.1%; revised to 8.3%