The number of unemployed in the Euro-zone has fallen, slightly, for the first time since April 2011. The fall in June came amid brightening economic prospects, suggesting an end to the bloc’s stubborn recession.
Unemployment in the Euro-zone hit a fresh high of 18.2 million in August, the EU statistics agency has said. The number out of work rose by 34.000, but after the July data was revised up, it meant the unemployment rate remained stable at a record high of 11.4%.
German unemployment fell to its lowest rate in December since 1991, according to the German Federal Labour Agency.