Eurozone June unemployment rate 7.8% vs 7.7% expected

Latest data released by Eurostat - 30 July 2020

  • Prior 7.4%; revised to 7.7%

The unemployment rate ticks a little higher, but also comes on the back of a worse revision seen in May. That said, the reading still belies underlying labour market conditions as it is largely masked by government furlough programs for the time being.

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