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Eurozone November unemployment rate remains steady, in line with expectations

Eurozone unemployment rate remained steady at 9.8 percent in November, trending in line with market consensus expectations. The Euro area seasonally-adjusted unemployment rate was 9.8 percent in November 2016, stable compared to October 2016 and down from 10.5 percent in November 2015.

According to the Eurostat press release, this is the lowest rate recorded in the euro area since July 2009. The unemployment rate was 8.3 percent in November 2016, down from 8.4 percent in October 2016 and from 9.0 percent in November 2015. This is the lowest rate recorded in the EU 28 since February 2009.

These figures are published by Eurostat, the statistical office of the European Union. Eurostat estimates that 20.429 million men and women in the EU 28, of whom 15.898 million were in the euro area, were unemployed in November 2016. Compared with October 2016, the number of persons unemployed decreased by 41 000 in the EU28 and by 15 000 in the euro area. Compared with November 2015, unemployment fell by 1.552 million in the EU28 and by 972 000 in the euro area.

Meanwhile, the EUR/USD little changed following this data, down 0.19 percent at 1.0513 by 10:30 GMT. While at 10:00GMT, the FxWirePro's Hourly Euro Strength Index stood neutral at +12.30 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex

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May 26 14:30 UTC Released

USECRI Weekly Annualized*

Actual

5.1 %

Forecast

Previous

5.0 %

May 26 14:30 UTC Released

USECRI Weekly Index*

Actual

144.1 %

Forecast

Previous

144.5 %

May 28 15:00 UTC 15161516m

SAM3 Money Supply YY*

Actual

Forecast

Previous

0.0 %

May 28 15:00 UTC 15161516m

SAPvt Sector Loans YY*

Actual

Forecast

Previous

-0.1 %

May 29 08:00 UTC 25362536m

EZLoans to Households*

Actual

Forecast

Previous

2.4 %

May 29 08:00 UTC 25362536m

EZLoans to Non-Fin

Actual

Forecast

Previous

2.3 %

May 29 08:00 UTC 25362536m

EZMoney-M3 Annual Grwth*

Actual

Forecast

5.2 %

Previous

5.3 %

May 29 23:30 UTC 34663466m

JPAll Household Spending MM*

Actual

Forecast

1.1 %

Previous

-2 %

May 29 23:30 UTC 34663466m

JPAll Household Spding YY*

Actual

Forecast

-0.7 %

Previous

-1.3 %

May 29 23:30 UTC 34663466m

JPJobs/Applicants Ratio

Actual

Forecast

1.46 %

Previous

1.45 %

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