Julio García-Aquí Europa
The unemployment rate in the eurozone stood at 6.4% last November, one tenth less than in October, which is the lowest in the historical series, according to data published yesterday by Eurostat.
The European statistical office indicates that, in November 2023, a total of 12.95 million people were unemployed in the EU, of which 10.97 million were in the euro zone. This represents a monthly decrease of 144,000 unemployed in the EU and 99,000 in the euro zone. Compared to November 2022, unemployment fell by 283,000 people in the EU and by 282,000 people in the euro zone.
Among the Twenty-Seven, the highest unemployment rates corresponded to Spain, with 11.9%; Greece, with 9.4%; and Sweden, with 7.9%. On the contrary, the lowest unemployment figures were observed in Czechia (2.4%), Malta (2.5%) and Poland (2.8%).
In the case of those under 25 years of age, the euro zone unemployment rate fell in October to 14.5% from 14.8% in October, the same as happened in the EU as a whole. In absolute terms, the number of unemployed young people in the EU reached 2.81 million people in November last year, of which 2.32 million corresponded to the eurozone.
In the case of Spain, in November 2023 there were 2.8 million unemployed people, of which 500,000 were under 25 years of age. In this way, the youth unemployment rate in Spain was 27.9%, the highest among the Twenty-Seven, ahead of the 27.3% in Greece and 23.5% in Portugal.
