EUR/USD:TECHNICAL | FOUNDAMENTAL ANALYSIS | PRICE IS GROWING 🔔

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The unemployment rate in the Eurozone fell from 8.1% to 8.0%.

"The Euro Area seasonally-adjusted unemployment rate dropped to 8 percent in April of 2021 from 8.1 percent in the prior month and below market expectations of 8.1 percent. The number of unemployed persons declined by 134 thousand from the previous month to 13.030 million. The youth unemployment rate, measuring job-seekers under 25 years old, stood at 17.2 percent in April, unchanged from the previous month. Amongst the largest Euro Area economies, the lowest jobless rates were registered in the Netherlands (3.4 percent ) and Germany (4.4 percent), while the highest rates were recorded in Spain (15.4 percent), Italy (10.7 percent) and France (7.3 percent). "

EUROSTAT


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