Euro area, employment rate braking in the 4th quarter

Euro area employment rate braking in the 4th quarter

(Finance) – brakes the employment rate of the euro area. The data, on a quarterly basis, shows an increase of 0.6% compared to +1% of the same quarter of the previous year. The data is also lower than the analysts’ estimates (+0.8%).

On a monthly level, the rate went up to 0.1% compared to +0.2% previously detected.

The data was announced by theInstitute of statistics of the European Union (Eurostat).

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