Eurozone October unemployment rate 6.5% vs 6.6% expected

  • Latest data released by Eurostat - 1 December 2022
  • Prior 6.6%

A slight tick lower in the jobless rate as it reaffirms that labour market conditions are holding up. But amid some softer economic data from Europe in the past month, we have seen the PMI reports note a bit of a hit to employment conditions. That might be something that will translate to labour market data if things worsen going into next year.

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