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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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2017-09-22 15:30:57
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2017-09-22 15:30:36
0m

September 22 14:30 UTC Released

USECRI Weekly Annualized*

Actual

0.0 %

Forecast

Previous

0.3 %

September 22 14:30 UTC Released

USECRI Weekly Index*

Actual

143.4 %

Forecast

Previous

143.3 %

September 25 00:30 UTC 33203320m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.2 bln $

September 25 08:00 UTC 37703770m

DEIfo Business Climate*

Actual

Forecast

116.0 %

Previous

115.9 %

September 25 08:00 UTC 37703770m

DEIfo Current Conditions*

Actual

Forecast

124.8 %

Previous

124.6 %

September 25 08:00 UTC 37703770m

DEIfo Expectations*

Actual

Forecast

107.9 %

Previous

107.9 %

September 25 11:30 UTC 39803980m

TRCapacity Utilisation*

Actual

Forecast

Previous

78.8 %

September 25 11:30 UTC 39803980m

TRManufacturing Confidence*

Actual

Forecast

Previous

110.7 %

September 25 12:30 UTC 40404040m

USNational Activity Index*

Actual

Forecast

Previous

-0.01 %

September 25 13:00 UTC 40704070m

MXIGAE Econ Activity YY

Actual

Forecast

Previous

2.4 %

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