Euro Area: Unemployment rate falls in March
Latest reading: In March, the seasonally adjusted unemployment rate fell to 6.2%, following a 6.3% rate in the prior month.
As for the Eurozone’s largest economies, the unemployment rate fell in Italy and the Netherlands, and was unchanged in France, Germany and Spain.
Significant disparities in labor market conditions between members persist: Finland was the economy with the highest unemployment rate in March (10.5%), followed by Spain (10.3%). At the other end of the spectrum, Bulgaria (3.2%) and the Czech Republic (3.1%) had the lowest unemployment rates.