Eurozone May unemployment rate 6.5% vs 6.5% expected
Prior 6.5%The euro area jobless rate is seen stable in May and is even lower compared to the 6.7% reading from last year during the same period. That speaks to the lack of impact the supposed slowdown in the economy is having on the jobs market, which has been a positive factor allowing for the ECB to keep tightening policy. This article was written by Justin Low at www.forexlive.com.
- Prior 6.5%
The euro area jobless rate is seen stable in May and is even lower compared to the 6.7% reading from last year during the same period. That speaks to the lack of impact the supposed slowdown in the economy is having on the jobs market, which has been a positive factor allowing for the ECB to keep tightening policy.
This article was written by Justin Low at www.forexlive.com.
