Eurozone unemployment continues to rise despite easing of coronavirus restrictions

The partial reopening

The partial reopening of economies has failed to boost the jobs market in Europe, with the seasonally adjusted July unemployment in both the euro area and the EU as a whole climbing to 7.9 percent and 7.2 percent respectively.

According to Eurostat data released on Tuesday, nearly 15.2 million people – of whom around 12.8 million are in the euro area – were unemployed in July this year. This means that 336,000 more men and women lost their jobs across the 27 countries of the bloc, up 0.1 percent compared to the previous month. In the eurozone alone, the number of unemployed rose by 344,000, or 0.2 percent.

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