Home Squawk Eurozone Jobless Rate Rises to Over 1-Year High

Eurozone Jobless Rate Rises to Over 1-Year High

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The Euro Area seasonally-adjusted unemployment rate increased to 7.8% in June 2020 from an upwardly revised 7.7% in the previous month and above market expectations of 7.7%. It was the highest jobless rate since February last year amid the coronavirus crisis.