Eurozone Unemployment Rate Falls to Near 4-Year Low
Unemployment in the Eurozone, which includes nineteen different countries, has fallen to a four-year low. The unemployment rate in the Eurozone fell from 10.8% in September down to 10.7% in October. Currently, the number of unemployed people is approximately 17.24 million. Despite this drop in the unemployment rate, it is still expected that the European Central Bank will continue with its plan to stimulate the economy through additional quantitative easing.
See "Eurozone Unemployment Rate Falls to Near 4-Year Low", December 1, 2015