Euro Area: Unemployment rate stable in March
Latest reading: In March, the seasonally adjusted unemployment rate was unchanged at February’s upwardly revised 6.2%.
As for the Eurozone’s largest economies, the unemployment rate rose in Italy and the Netherlands, stabilized in Germany and Spain, and fell in France.
Significant disparities in labor market conditions between members persist: Spain was the economy with the highest unemployment rate in March (10.9%), followed by Finland (9.1%). At the other end of the spectrum, Malta (2.8%) and Slovenia (3.2%) had the lowest unemployment rates.