The Eurozone’s unemployment rate dropped to 9.1 percent in July, its lowest level in eight years.
The figure is 0.1 percent lower than May’s 9.2 percent, and represents the smallest number recorded since February 2009.
The number of people unemployed fell by 183,000 in the EU-28 and by 148,000 in the eurozone over the month, with the lowest unemployment rates seen in Czech Republic, Germany, and Malta, while the highest rates were seen in Greece and Spain.
According to the figures from Eurostat, inflation remained unchanged during the month at 1.3 percent. However, core inflation, which excludes unprocessed food and energy prices, rose to 1.3 percent from 1.2 percent in June.
Europe’s inflation rate still remains well under the European Central Bank’s target of just below 2 percent.
