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Eurozone unemployment remains low at 7.1% in April

Unemployment in the euro zone remained at its record low level of 7.1% for the third consecutive month in April, the European Union’s statistics bureau Eurostat said on Friday.

The figure was the lowest level since the indicator was introduced in 1993 and much lower than 7.5% registered a year ago. In the 27-nation EU, unemployment also remained stable at 6.7% in April. It was 7.2% in April 2007.

Among EU member states, the Netherlands recorded the lowest unemployment, which was 2.8%. Jobless rate in Germany, the largest economy in the euro zone, remained at 7.4%, while France’s unemployment was also unchanged at 7.8%.

The Eurostat estimated that there were 16.047 million people unemployed in the EU in April, among which 11.072 million were in the euro zone. As a comparison, jobless rate in the United States was 5.0% in April, and the Japanese rate was 3.8%. (