Business

Eurozone jobs data

Eurozone jobs data

By Agence France Presse

BRUSSELS: Eurozone unemployment fell to its lowest level in more than four years in December, official data showed on Tuesday, beating forecasts from analysts worried about the global economic outlook. The Eurostat statistics agency said unemployment in the 19-nation eurozone dropped to 10.4 per cent in December from 10.5 per cent in November, its lowest rate since September 2011. By headcount, there were some 16.75 million jobless in the eurozone in December, down 49,000 from November and 1.5 million less compared with December 2014.