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Eurozone unemployment falls to its lowest rate in 8 years

Khan Mehreen, (2017), “Eurozone unemployment falls to its lowest rate in 8 years”, Financial Times, 3 April

More than 1m people have been lifted out of unemployment in the eurozone during the past year, pushing the jobless rate to the lowest in almost eight years and underscoring how the economic recovery is gathering pace across the bloc.

Factories in the eurozone also enjoyed another bumper month, reporting their highest levels of activity since 2011. Factories in Italy were at their busiest in six years, according to Markit’s purchasing managers’ index for manufacturing.

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