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Eurostat. Eurozone unemployment rate remained at a minimum in January …

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Eurostat. Eurozone unemployment rate remained at a minimum in January ...

The unemployment rate in the eurozone remained at 7.4% in January, the same value as the previous month and which is the lowest record since the monthly publication of the indicator, according to data released this Tuesday by Eurostat.

The data released this Tuesday by the official EU statistics office reveal that the unemployment rate in the European Union as a whole also remained unchanged in the first month of the year, compared to December 2019, at 6.6%, also the most down since the monthly publication of this indicator in 2000.

Portugal countered the trend, registering an increase from 6.7% in December to 6.9% in January, a value below the average for the euro area but higher than the EU average.

In the same comparison, with January 2019, the unemployment rate fell four tenths in the single currency space (it was 7.8% a year earlier) and three tenths in the Union as a whole (it was 6.9%), while Portugal he went back to the countercyclist, registering an increase of three tenths (from 6.6% to 6.9%), the third largest among the 27 Member States.

The youth unemployment rate also increased in Portugal, both in the year-on-year comparison and in the chain comparison, when it stood at 19.3% in January, almost two points above the 17.5% recorded a year earlier and 18.6% % of the previous month, and in this case above the average of both the euro area (15.6%) and the EU (14.9%).

In January, the lowest unemployment rates were recorded in the Czech Republic (2.0%), Poland (2.9%) and the Netherlands (3.0%), while the highest were observed in Greece (16.5%, November data) and Spain (13.7%).

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