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Euro Area: Unemployment rate stabilizes in September
Latest reading: In September, the seasonally adjusted unemployment rate remained at 6.3%, close to July’s record-low 6.2%.
As for the Eurozone’s largest economies, the unemployment rate rose in Germany, Italy, France and the Netherlands, while it stabilized in Spain.
Significant disparities in labor market conditions between members persist: Spain was the economy with the highest unemployment rate in September (10.5%), followed by Finland (9.8%). At the other end of the spectrum, Malta (3.0%) and Czechia (3.0%) had the lowest unemployment rates.
