Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Euro zone January unemployment at lowest rate since August 2011

Source: Reuters - Wed 2th Mar 2016
Euro zone January unemployment at lowest rate since August 2011

Euro zone unemployment dipped for a third consecutive month in January, against market expectations of an unchanged reading, dropping to its lowest level since August 2011.

The EU statistics agency Eurostat reported on Tuesday that the jobless rate in January was 10.3%, from 10.4% in December 2015.

The average expectation in a Reuters poll of 44 economists was for an unchanged reading, with forecasts ranging from 10.2 to 10.5%.

Euro zone unemployment, a lagging economic indicator, peaked at 12.1% in the first half of 2013.

Eurostat estimated that 16.647 million people were unemployed in the euro area in January and 21.789 million in the EU's 28 members.

That represented decreases of respectively 105,000 and 163,000 from December 2015 and of 1.445 million and 2.034 million from a year earlier.

The unemployment rate fell in 24 member states, was stable in Estonia while increasing in Latvia, Austria and Finland. The largest decreases were in Spain, Slovakia, Ireland and Portugal.

Recommended Reading :

* Robust spending gives momentum to Spain's recovery

* New business in Spain rises by 0.5% in 2015

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.