According to the most recent statistics from the European statistical office Eurostat, unemployment in the eurozone is at a historically low level.
In September of last year, the unemployment rate was 7.1 percent, down from 7.1 percent in August and 6.7 percent in September. Since the statistics’ collection began in 1998, this is the lowest figure.
10.988 million people are unemployed in the eurozone right now, down 66,000 from the previous month. This represents a drop of more than a million individuals from the previous year. An key explanation is the fact that numerous activities were resumed following the corona pandemic.
Belgium has a lower unemployment rate than the rest of Europe, with 5.7% (or about under 300,000 unemployed).