Eurozone unemployment falls to 10.4 per cent in December

The jobless rate in the eurozone fell to 10.4 per cent in December, reaching the lowest rate since September 2011, EU statistics agency Eurostat said as it released new data Tuesday.

The European currency bloc has struggled to significantly whittle down its jobless ranks, amid efforts to rev up its economy after emerging from recession more than two years ago.

Analysts had expected December unemployment to stay level at the previous month's rate of 10.5 per cent.

The number of unemployed people in the 19-member eurozone fell to 16.75 million - 49,000 fewer than in November - according to Eurostat.

Youth unemployment was much higher, at 22 per cent.

The Czech Republic joined Germany in having the lowest overall unemployment rate, both standing at 4.5 per cent.

At the other extreme, 24.5 per cent were without jobs in Greece in October - the most recent data available for the country - while youth unemployment stood at 48.6 per cent.

In the wider, 28-country European Union, joblessness remained level at 9 per cent in December, with almost 22 million people out of work, Eurostat said.

Last update: Fri, 24/06/2016 - 08:49

More from Europe

Hundreds protest in Berlin in solidarity with US Women's March

Hundreds are staging a demonstration for women's rights in front of the US embassy in Berlin, on the same day that a...

Five dead, 23 missing after avalanche hits Italian hotel

The death toll in an avalanche that buried a hotel in Italy earlier this week has risen to five and 23 people are...

Official: Attack was imminent, possibly on Vienna underground

Police foiled an imminent attack, possibly on the Vienna underground, when they arrested a radicalized 18-year-old,...

Le Pen hails birth of a "new world" at far-right conference

Leaders of Europe's established far-right parties were bullish about their parties' prospects at a conference in the...

Hitler, Mussolini figures set up in Koblenz to protest European right

Protestors set up metre-high cardboard figures of notorious European fascist leaders to mark their disgust at a...